Pennsylvania SB 1010: An Act making appropriations from the restricted revenue accounts within the State Gaming Fund and from the restricted revenue accounts within the Fantasy Contest Fund and Video Gaming Fund to the Attorney General, the Department of Revenue, the Pennsylvania State Police and the Pennsylvania Gaming Control Board for the fiscal year beginning July 1, 2024, to June 30, 2025, and for the payment of bills incurred and remaining unpaid at the close of the fiscal year ending June 30, 2024.
Status: Act No. 10A of 2024 (as of 2024-07-10)
State: Pennsylvania · Session: 2023-2024 · Bill: SB 1010
Sponsors: Scott Martin
Bill Text
PRIOR PASSAGE - NONE PRINTER'S NO. 1324 THE GENERAL ASSEMBLY OF PENNSYLVANIA SENATE BILL No. 1010 Session of 2025 INTRODUCED BY BOSCOLA, NOVEMBER 24, 2025 REFERRED TO STATE GOVERNMENT, NOVEMBER 24, 2025 A JOINT RESOLUTION Proposing integrated amendments to the Constitution of the Commonwealth of Pennsylvania, changing the Commonwealth's fiscal period from one year to two years. The General Assembly of the Commonwealth of Pennsylvania hereby resolves as follows: Section 1. The following integrated amendments to the Constitution of Pennsylvania are proposed in accordance with Article XI: (1) That section 7(a)(2) and (4) of Article VIII be amended to read: § 7. Commonwealth indebtedness. (a) No debt shall be incurred by or on behalf of the Commonwealth except by law and in accordance with the provisions of this section. * * * (2) The Governor, State Treasurer and Auditor General, acting jointly, may (i) issue tax anticipation notes having a maturity within the fiscal [year] period of issue and payable 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 exclusively from revenues received in the same fiscal [year] period, and (ii) incur debt for the purpose of refunding other debt, if such refunding debt matures within the term of the original debt. * * * (4) Debt may be incurred without the approval of the electors for capital projects specifically itemized in a capital budget, if such debt will not cause the amount of all net debt outstanding to exceed one and three-quarters times the average of the annual tax revenues deposited in the previous five fiscal [years] periods as certified by the Auditor General. For the purposes of this subsection, debt outstanding shall not include debt incurred under clauses (1) and (2) (i), or debt incurred under clause (2) (ii) if the original debt would not be so considered, or debt incurred under subsection (3) unless the General Assembly shall so provide in the law authorizing such debt. * * * (2) That section 11(a) of Article VIII be amended to read: § 11. Gasoline taxes and motor license fees restricted. (a) All proceeds from gasoline and other motor fuel excise taxes, motor vehicle registration fees and license taxes, operators' license fees and other excise taxes imposed on products used in motor transportation after providing therefrom for (a) cost of administration and collection, (b) payment of obligations incurred in the construction and reconstruction of public highways and bridges shall be appropriated by the General Assembly to agencies of the State or political subdivisions thereof; and used solely for construction, reconstruction, maintenance and repair of and safety on public highways and 20250SB1010PN1324 - 2 - 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 bridges and costs and expenses incident thereto, and for the payment of obligations incurred for such purposes, and shall not be diverted by transfer or otherwise to any other purpose, except that loans may be made by the State from the proceeds of such taxes and fees for a single period not exceeding eight months, but no such loan shall be made within the period of one year from any preceding loan, and every loan made [in any fiscal year] before July 1 shall be repayable [within one month after the beginning of the next fiscal year] by July 31. * * * (3) That section 12 of Article VIII be amended to read: § 12. Governor's budgets and financial plan. [Annually, at] At the times set by law, the Governor shall submit to the General Assembly: (a) A balanced operating budget for the ensuing fiscal [year] period, consisting of two years beginning July 1 of each odd-numbered year, setting forth in detail (i) proposed expenditures classified by department or agency and by program and (ii) estimated revenues from all sources. If estimated revenues and available surplus are less than proposed expenditures, the Governor shall recommend specific additional sources of revenue sufficient to pay the deficiency and the estimated revenue to be derived from each source; (b) A capital budget for the ensuing fiscal [year] period, consisting of two years beginning July 1 of each odd-numbered year, setting forth in detail proposed expenditures to be financed from the proceeds of obligations of the Commonwealth or of its agencies or authorities or from operating funds; and (c) A financial plan for not less than the next succeeding five fiscal periods, each consisting of two years beginning July 20250SB1010PN1324 - 3 - 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 1 of each odd-numbered year, which plan shall include for each such fiscal [year] period: (i) Projected operating expenditures classified by department or agency and by program, in reasonable detail, and estimated revenues, by major categories, from existing and additional sources, and (ii) Projected expenditures for capital projects specifically itemized by purpose, and the proposed sources of financing
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