Pennsylvania HB 1364: An Act amending the act of October 18, 1988 (P.L.756, No.108), known as the Hazardous Sites Cleanup Act, in preliminary provisions, further providing for definitions and providing for Governor may declare disaster emergency; in powers and duties, further providing for powers and duties of department; and, in liability and settlement procedures, further providing for responsible person.
Status: PN 1903 Referred to ENVIRONMENTAL RESOURCES AND ENERGY (as of 2019-05-29)
State: Pennsylvania · Session: 2019-2020 · Bill: HB 1364
Sponsors: Murt, Ciresi, Driscoll, Galloway, Hanbidge, Hill-Evans, Sanchez, Staats, Stephens
Bill Text
PRIOR PRINTER'S NO. 1556 PRINTER'S NO. 1912 THE GENERAL ASSEMBLY OF PENNSYLVANIA HOUSE BILL No. 1364 Session of 2025 INTRODUCED BY NEILSON, FIEDLER, SCHLOSSBERG, HILL-EVANS, WAXMAN, ISAACSON, GIRAL, DOUGHERTY, SAMUELSON, KHAN, SAPPEY, RIVERA, HADDOCK, McNEILL, MALAGARI, SANCHEZ, T. DAVIS, WARREN, GALLAGHER, DELLOSO, O'MARA, D. WILLIAMS, FLEMING, CIRESI, FREEMAN, SHUSTERMAN, BOYD, HANBIDGE, FRANKEL, SIEGEL, SCHWEYER AND WEBSTER, APRIL 30, 2025 AS AMENDED ON SECOND CONSIDERATION, HOUSE OF REPRESENTATIVES, JUNE 11, 2025 AN ACT Providing for Public Transportation Trust Fund transfers and increases.; ESTABLISHING THE ROAD AND BRIDGE PROJECT FUND AND THE ROAD AND BRIDGE PROJECT SINKING FUND; AUTHORIZING THE COMMONWEALTH FINANCING AUTHORITY TO ISSUE BONDS FOR ROAD AND BRIDGE PROJECTS; PROVIDING FOR ALLOCATION ADJUSTMENT; ESTABLISHING THE TRANSPORTATION FUNDING ADVISORY COMMISSION; AND IMPOSING DUTIES ON THE DEPARTMENT OF TRANSPORTATION. The General Assembly of the Commonwealth of Pennsylvania hereby enacts as follows: Section 1. Short title. This act shall be known and may be cited as the Public Transportation Trust Fund Transfer and Increase Act. Section 2. Definitions. The following words and phrases when used in this act shall have the meanings given to them in this section unless the context clearly indicates otherwise: "AUTHORITY." THE COMMONWEALTH FINANCING AUTHORITY. "BOARD." THE BOARD OF DIRECTORS OF THE AUTHORITY. <-- <--<-- 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 "COMMISSION." THE TRANSPORTATION FUNDING ADVISORY COMMISSION ESTABLISHED UNDER SECTION 8(A). "DEPARTMENT." THE DEPARTMENT OF TRANSPORTATION OF THE COMMONWEALTH. "Local transportation organization." As defined in 74 Pa.C.S. § 1503 (relating to definitions). "PROJECT FUND." THE ROAD AND BRIDGE PROJECT FUND ESTABLISHED UNDER SECTION 4(A). "PROJECT SINKING FUND." THE ROAD AND BRIDGE PROJECT SINKING FUND ESTABLISHED UNDER SECTION 4(B). "Secretary." The Secretary of Transportation of the Commonwealth. "Tax Reform Code." The act of March 4, 1971 (P.L.6, No.2), known as the Tax Reform Code of 1971. Section 3. Transfers. Notwithstanding 74 Pa.C.S. § 1506(c)(1) (relating to fund), SUBJECT TO SECTION 7, NOTWITHSTANDING 74 PA.C.S. § 1506(C)(1) (RELATING TO FUND): (1) 6.15% of the amount collected under Article II of the Tax Reform Code shall be deposited into the Public Transportation Trust Fund annually by the 20th day of each month for the preceding month. (2) SUBJECT TO SECTION 4(C)(2), 0.25% OF THE AMOUNT COLLECTED UNDER ARTICLE II OF THE TAX REFORM CODE SHALL BE DEPOSITED INTO THE PROJECT SINKING FUND ANNUALLY BY THE 20TH DAY OF EACH MONTH FOR THE PRECEDING MONTH. SECTION 4. FUNDS. (A) ESTABLISHMENT AND PURPOSE OF PROJECT FUND.--THE ROAD AND BRIDGE PROJECT FUND IS ESTABLISHED IN THE STATE TREASURY FOR THE PURPOSE OF FUNDING PROJECTS RELATED TO THE CONSTRUCTION, 20250HB1364PN1912 - 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 RECONSTRUCTION, REHABILITATION, MAINTENANCE AND REPAIR OF ROADS AND BRIDGES IN THIS COMMONWEALTH. (B) ESTABLISHMENT AND PURPOSES OF PROJECT SINKING FUND.--THE ROAD AND BRIDGE PROJECT SINKING FUND IS ESTABLISHED IN THE STATE TREASURY FOR THE PURPOSE OF THE REPAYMENT OF BONDS ISSUED UNDER THIS ACT. (C) OPERATIONS GENERALLY.-- (1) ALL MONEY DEPOSITED INTO THE PROJECT FUND AND INTEREST AND OTHER EARNINGS ON THE MONEY IN THE PROJECT FUND ARE APPROPRIATED TO THE DEPARTMENT ON A CONTINUING BASIS TO CARRY OUT THE PURPOSES DESCRIBED UNDER SUBSECTION (A). (2) ALL MONEY DEPOSITED INTO THE PROJECT SINKING FUND AND INTEREST AND OTHER EARNINGS ON THE MONEY IN THE PROJECT SINKING FUND ARE APPROPRIATED TO THE AUTHORITY ON A CONTINUING BASIS TO CARRY OUT THE PURPOSES DESCRIBED UNDER SUBSECTION (B). SECTION 5. ISSUANCE OF BONDS. (A) PRINCIPAL AMOUNTS.--THE AUTHORITY MAY ISSUE ITS BONDS, NOTES OR OTHER OBLIGATIONS IN PRINCIPAL AMOUNTS AS IN THE JUDGMENT OF THE AUTHORITY SHALL BE NECESSARY, BUT NOT TO EXCEED A TOTAL SUM OF $500,000,000, TO PROVIDE SUFFICIENT MONEY FOR: (1) THE PAYMENT, FUNDING OR REFUNDING OF THE PRINCIPAL OF OR INTEREST OR REDEMPTION PREMIUMS ON ANY BONDS ISSUED BY THE AUTHORITY, WHETHER THE BONDS TO BE FUNDED OR REFUNDED HAVE OR HAVE NOT BECOME DUE. (2) THE ESTABLISHMENT OR INCREASE OF RESERVES TO SECURE OR TO PAY THE BONDS OR INTEREST ON THE BONDS. (3) ALL OTHER COSTS OR EXPENSES OF THE AUTHORITY INCIDENT TO AND NECESSARY TO CARRY OUT THE PURPOSES UNDER THIS ACT. 20250HB1364PN1912 - 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 (B) NEGOTIABLE INSTRUMENT DESIGNATION.--WHETHER OR NOT THE BONDS ARE OF A FORM AND CHARACTER AS TO BE NEGOTIABLE INSTRUMENTS UNDER THE TERMS OF 13 PA.C.S. (RELATING TO COMMERCIAL CODE), THE BONDS ARE MADE NEGOTIABLE INSTRUMENTS WITHIN THE MEANING OF AND FOR THE PURPOSES OF 13 PA.C.S., SUBJECT ONLY TO THE PROVISIONS OF THE BONDS FOR REGISTRATION. (C) RESOLUTION AND TERMS OF BONDS.--BONDS SHALL BE AUTHORIZED
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