October 24, 2017

House Sends Fiscal Code Bill With Fund Transfers, Other Provisions To Governor

The House Tuesday voted 109 to 75 to send a Fiscal Code bill-- House Bill 674 (Bernstine-R- Beaver)-- to the Governor with specific fund transfers, a general provision requiring the transfer of $300 million from unnamed special funds to the General Fund to balance the state budget and other provisions.
The general transfer provision requires the Governor to develop the list of special funds from which to take the $300 million and then submit that list to the State Treasurer.
The bill was passed after attempts to amend the bill and declare it unconstitutional with respect to the provisions dealing with cessation of oil and gas well royalties were beaten back.
The bill also includes--
-- JUA Transfer: $200 million transferred from the Joint Underwriting Account to the General fund;
-- Race Horse Funds: $19.6 million transferred from the PA Race Horse Development Fund to the General Fund and $10 million to the Racing Fund to enforce medication regulations;
-- Stop-And-Go Enforcement: Additional provisions related to enforcement for stop-and-go liquor licensees in Philadelphia;
-- Judicial Traffic Ticket Surcharge: Extends the $10 surcharge on traffic citations for Unified Judicial System; and
-- Air Pollution Act Transfer:  Transfers $30.4 million from a settlement by the Attorney General relating to violations of the Air Pollution Control Act by Volkswagen received during the fiscal year to the General Fund.
Click Here for a Senate Fiscal Note and summary.  Click Here for a House Fiscal Note and summary.