Bill Text: PA HB1418 | 2009-2010 | Regular Session | Amended

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Bill Title: Providing for the capital budget for the fiscal year 2009-2010; itemizing transportation assistance projects to be constructed or acquired or assisted by the Department of General Services or the Department of Transportation, together with their estimated financial costs; authorizing the incurring of debt without the approval of the electors for the purpose of financing the projects to be constructed, acquired or assisted by the Department of General Services or the Department of Transportation; stating the estimated useful life of the projects; and making appropriations.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Passed) 2009-12-17 - Act No. 53 [HB1418 Detail]

Download: Pennsylvania-2009-HB1418-Amended.html

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PRIOR PRINTER'S NO. 1740 PRINTER'S NO. 2532
THE GENERAL ASSEMBLY OF PENNSYLVANIA
HOUSE BILL
No. 1418 Session of2009
INTRODUCED BY D. EVANS, MAY 4, 2009
AS RE-REPORTED FROM COMMITTEE ON APPROPRIATIONS, HOUSE OF REPRESENTATIVES, AS AMENDED, AUGUST 3, 2009
AN ACT
Providing for the capital budget for the fiscal year 2009-2010; <--
itemizing transportation assistance projects to be
constructed or acquired or assisted by the Department of
General Services or the Department of Transportation,
together with their estimated financial costs; authorizing
the incurring of debt without the approval of the electors
for the purpose of financing the projects to be constructed,
acquired or assisted by the Department of General Services or
the Department of Transportation; stating the estimated
useful life of the projects; and making appropriations.
The General Assembly of the Commonwealth of Pennsylvania
hereby enacts as follows:
Section 1. Short title and construction.
(a) Short title.--This act shall be known and may be cited
as the Capital Budget and Project Itemization Act of 2009-2010. <--
(b) Supplements.--A reference to this act shall be deemed to
include a reference to the supplements to this act.
(c) Capital Facilities Debt Enabling Act.--The provisions
and definitions of Chapter 3 of the act of February 9, 1999
(P.L.1, No.1), known as The Capital Facilities Debt Enabling
Act, shall apply to this act to the extent they are not
inconsistent with this act.
Section 2. Overall limitations on debt to be incurred for
capital projects.
The maximum principal amount of additional debt to be
incurred during the 2009-2010 fiscal year, and thereafter until
the enactment of the 2010-2011 capital budget specifying the
maximum debt for the 2010-2011 fiscal year, for capital projects
specifically itemized in a capital budget pursuant to section
7(a)(4) of Article VIII of the Constitution of Pennsylvania, and
the fund to be charged with the repayment of such debt, shall,
with respect to each category of capital projects, be as
follows:
Category Amount Fund
(1) Public Improvement Projects:
(i) Buildings and structures $920,000,000 General Fund or Special Fund as applicable
(2) Furniture and equipment 15,000,000 General Fund or Special Fund as applicable
(3) Transportation assistance projects 175,000,000 General Fund <--
(3) Transportation assistance projects 192,000,000 General Fund <--
(4) Redevelopment assistance projects 325,000,000 General Fund
(5) Flood control projects 30,000,000 General Fund
(6) Bridge projects 200,000,000 General Fund or Motor License Fund
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TOTAL $1,665,000,000 <--
TOTAL $1,682,000,000 <--
Section 3. Effective date. <--
This act shall take effect July 1, 2009, or immediately,
whichever is later.
Section 3. Total authorizations. <--
The total authorization for the capital projects in the
category of transportation assistance projects itemized in
section 4 with respect to which an interest is to be acquired in
or constructed by the Department of Transportation, its
successors or assigns and to be financed by the incurring of
debt shall be $143,000,000.
Section 4. Itemization of transportation assistance projects.
Additional capital projects in the category of transportation
assistance projects for rural and intercity rail service
projects to be constructed or with respect to which an interest
is to be acquired by the Department of Transportation, its
successors or assigns and to be financed by the incurring of
debt are hereby itemized, together with their respective
estimated financial costs, as follows:
Project Total Project Allocation
(1) Cumberland County
(i) Norfolk Southern Corporation
(A) Crescent Corridor Project; extend second main track in Mt. Holly Springs, from MP LG15.6 to MP LG15.0, in Cumberland County
PROJECT ALLOCATION 17,500,000
(Base Project Allocation - $16,100,000)
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(Design and Contingencies - $1,400,000)
(2) Dauphin County
(i) Norfolk Southern Corporation
(A) Crescent Corridor Project; construct second main track in Harrisburg wye, from MP HP111.4 to MP LG0.5, in Dauphin County
PROJECT ALLOCATION 7,000,000
(Base Project Allocation - $6,440,000)
(Design and Contingencies - $560,000)
(3) Franklin County
(i) Norfolk Southern Corporation
(A) Crescent Corridor Project; extend
second main track in Greencastle, from MP HW60 to MP HW68, in Franklin County
PROJECT ALLOCATION 15,500,000
(Base Project Allocation - $14,260,000)
(Design and Contingencies - $1,240,000)
(B) Crescent Corridor Project; construct new intermodal terminal yard in Greencastle, Franklin County
PROJECT ALLOCATION 98,000,000
(Base Project Allocation - $90,160,000
(Design and Contingencies - $7,840,000
(4) Philadelphia County
(i) Norfolk Southern Corporation
(A) Crescent Corridor Project; construct addition to intermodal terminal at navy yard in Philadelphia County
PROJECT ALLOCATION 5,000,000
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(Base Project Allocation - $4,600,000)
(Design and Contingencies - $400,000)
Section 5. Debt authorization.
The Governor, Auditor General and State Treasurer are hereby
authorized and directed to borrow from time to time in addition
to any authorization heretofore or hereafter enacted, on the
credit of the Commonwealth, subject to the limitations provided
in the current capital budget, money not exceeding in the
aggregate the sum of $143,000,000 as may be found necessary to
carry out the acquisition and construction of the transportation
assistance projects specifically itemized in a capital budget.
Section 6. Issue of bonds.
The indebtedness authorized in this act shall be incurred
from time to time and shall be evidenced by one or more series
of general obligation bonds of the Commonwealth in such
aggregate principal amount for each series as the Governor, the
Auditor General and the State Treasurer shall determine, but the
latest stated maturity date shall not exceed the estimated
useful life of the projects being financed as stated in section
7.
Section 7. Estimated useful life and term of debt.
(a) Estimated useful life.--The General Assembly states that
the estimated useful life of the public improvement projects
itemized in this act is as follows:
(1) Transportation assistance projects:
(i) Rolling stock, 15 years.
(ii) Passenger buses, 12 years.
(iii) Furniture and equipment, 10 years.
(iv) All others, 30 years.
(b) Term of debt.--The maximum term of the debt authorized
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to be incurred under this act is 30 years.
Section 8. Appropriations.
The net proceeds of the sale of the obligations authorized in
this act are hereby appropriated from the Capital Facilities
Fund to the Department of Transportation in the maximum amount
of $143,000,000 to be used by it exclusively to defray the
financial cost of the transportation assistance projects
specifically itemized in a capital budget. After reserving or
paying the expenses of the sale of the obligation, the State
Treasurer shall pay to the Department of Transportation the
moneys as required and certified by it to be legally due and
payable.
Section 9. Federal funds.
In addition to those funds appropriated in section 8, all
moneys received from the Federal Government for the projects
specifically itemized in this act are also hereby appropriated
for those projects.
Section 10. Editorial changes.
In editing and preparing this act for printing following the
final enactment, the Legislative Reference Bureau shall insert
or revise letters or numbers for projects where the letters or
numbers are missing or require revision. The bureau shall also
revise the total monetary amounts for the total authorization,
debt authorization, appropriations and departmental totals as
necessary to agree with the total monetary amounts of the
projects.
Section 11. Effective date.
This act shall take effect immediately.
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