Pennsylvania Act 1927-428 — FINANCES OF COMMONWEALTH

Act text

FINANCES OF COMMONWEALTH
                  Act of May 6, 1927, P.L. 848, No. 428               Cl. 72
                                  AN ACT

     Relating to the finances of the Commonwealth; abolishing certain
        special funds in the State Treasury; providing for the
        payment of the moneys therein and all future fees, fines, and
        penalties, heretofore payable into such special funds, into
        the general fund; and making the same available for all
        lawful expenditures.

        Section 1.  Be it enacted, &c., That from and after the first
     day of June, one thousand nine hundred and twenty-seven, all
     fees, fines, assessments, penalties, and other moneys, by law
     now payable into the State Treasury and held or deposited
     separate and apart in a special fund or funds, and available for
     expenditure only for the purposes to which dedicated by the act
     or acts of Assembly creating such special fund or funds or the
     amendments and supplements thereto, except fees, fines,
     assessments, penalties, and moneys payable into (a) the sinking
     fund, (b) the State bond road sinking funds, (c) the motor
     license fund, (d) the game fund, (e) the fish fund, (f) the
     State workmen's insurance fund, (g) the federal vocational
     education fund, (h) the industrial rehabilitation fund, (i) the
     agricultural college land scrip fund, (j) the State College
     experimental farm fund, (k) the several funds created by the
     laws providing for the retirement of school employes, (l) the
     several funds created by the laws providing for the retirement
     of State employes, (m) any other funds created in connection
     with the custody and safe-keeping of federal moneys, (n) the
     fund created for the insurance of State buildings, (o) the
     Banking Department fund, (p) the Securities Bureau fund, (q) the
     Voluntary Contribution funds Department of Forests and Waters,
     (r) the State Bond Road fund, (s) the State School fund, (t) the
     Soldiers' and Sailors' Memorial Bridge fund, (u) the
     manufacturing fund, (v) the bedding and upholstering fund, and
     (w) any fund in the State Treasury set apart for making payments
     to political subdivisions of the State out of the proceeds of
     the tax on foreign fire insurance companies as provided by law,
     shall be collectible in the manner now provided by law, but
     shall be payable only into the general fund of the State
     Treasury. All said special funds, except as above excepted,
     shall, from and after said date, be entirely abolished, and the
     moneys heretofore payable into said special funds shall
     hereafter be deposited in and be available for appropriation by
     the Legislature from the general fund for any lawful purpose.
     All moneys unexpended and remaining in said funds on said date
     shall likewise be paid into the general fund of the State
     Treasury and become available for general use. All securities in
     any fund so abolished shall be credited to the general fund and
     shall be sold by the Auditor General, the State Treasurer, and
     the Governor, as to them may appear advisable to protect the
     interests of the Commonwealth, and the moneys realized from such
     sales shall be deposited into the general fund.
        Section 2.  It is not the intent of this act to impair or
     repeal any of the laws providing for the imposition and
     collection of the fees, fines, penalties, and moneys now payable
     in said special funds, but only to abolish said special funds
     and to make moneys heretofore payable into such special funds
     liquid assets available for all lawful expenditures.