Bill Text: PA HB13 | 2009-2010 | 1st Special Session | Introduced

---

Bill Title: In Pennsylvania Turnpike, further providing for definitions.

Sponsorship: Partisan Bill (Republican 12)

Status: (Introduced - Dead) 2010-09-16 - Referred to TRANSPORTATION [HB13 Detail]

Download: Pennsylvania-2009-HB13-Introduced.html

---

PRINTER'S NO. 17
THE GENERAL ASSEMBLY OF PENNSYLVANIA
HOUSE BILL
No. 13 Special Session No. 1 of2009-2010
INTRODUCED BY GEIST, BOYD, DAY, J. EVANS, GINGRICH, HARRIS, KILLION, MARSICO, PETRI, SAYLOR AND STERN, SEPTEMBER 16, 2010
REFERRED TO COMMITTEE ON TRANSPORTATION, SEPTEMBER 16, 2010
AN ACT
Amending Title 75 (Vehicles) of the Pennsylvania Consolidated
Statutes, in Pennsylvania Turnpike, further providing for
definitions.
The General Assembly of the Commonwealth of Pennsylvania
hereby enacts as follows:
Section 1. The definitions of "annual additional payments"
and "scheduled annual commission contribution" in section 8901
of Title 75 of the Pennsylvania Consolidated Statutes are
amended to read:
§ 8901. Definitions.
The following words and phrases when used in this chapter
shall have the meanings given to them in this section unless the
context clearly indicates otherwise:
"Annual additional payments." As follows:
(1) During the conversion period and after the
conversion date, an amount equal to the scheduled annual
commission contribution, minus the sum of:
(i) $200,000,000 paid as annual base payments;
(ii) any Interstate 80 savings for that fiscal year.
(2) If the conversion period has expired and a
conversion notice has not been received by the secretary, [in
each subsequent fiscal year] beginning with fiscal year
2014-2015 until the end of the term of the lease agreement,
the annual additional payments shall be $250,000,000.
* * *
"Scheduled annual commission contribution." The following
amounts:
(1) $750,000,000 in fiscal year 2007-2008.
(2) $850,000,000 in fiscal year 2008-2009.
(3) $900,000,000 in fiscal year 2009-2010.
(4) For fiscal [year] years 2010-2011, 2011-2012,
2012-2013, 2013-2014 and each fiscal year thereafter, the
amount shall be the amount calculated for the previous year
increased by 2.5%, except that the amount shall be equal to
the annual base payments plus $250,000,000 beginning with
fiscal year 2014-2015 if the conversion notice is not
received by the secretary prior to the expiration of the
conversion period.
Section 2. This act shall take effect immediately.
20101HB0013PN0017 - 2 -