HB 1047 — An Act amending the act of April 9, 1929 (P.L.343, No.176), known as The Fiscal Code, in Board of Finance and Revenue, further providing for restricted account within Agricultural College Land Scrip Fund.

PRINTER'S NO.   1137

                  THE GENERAL ASSEMBLY OF PENNSYLVANIA



                      HOUSE BILL
                      No. 1047
                                             Session of
                                               2025

     INTRODUCED BY STAMBAUGH, GLEIM, HAMM, STEHR, STENDER, BARGER AND
        JAMES, MARCH 25, 2025

     REFERRED TO COMMITTEE ON APPROPRIATIONS, MARCH 25, 2025


                                  AN ACT
 1   Amending the act of April 9, 1929 (P.L.343, No.176), entitled
 2      "An act relating to the finances of the State government;
 3      providing for cancer control, prevention and research, for
 4      ambulatory surgical center data collection, for the Joint
 5      Underwriting Association, for entertainment business
 6      financial management firms, for private dam financial
 7      assurance and for reinstatement of item vetoes; providing for
 8      the settlement, assessment, collection, and lien of taxes,
 9      bonus, and all other accounts due the Commonwealth, the
10      collection and recovery of fees and other money or property
11      due or belonging to the Commonwealth, or any agency thereof,
12      including escheated property and the proceeds of its sale,
13      the custody and disbursement or other disposition of funds
14      and securities belonging to or in the possession of the
15      Commonwealth, and the settlement of claims against the
16      Commonwealth, the resettlement of accounts and appeals to the
17      courts, refunds of moneys erroneously paid to the
18      Commonwealth, auditing the accounts of the Commonwealth and
19      all agencies thereof, of all public officers collecting
20      moneys payable to the Commonwealth, or any agency thereof,
21      and all receipts of appropriations from the Commonwealth,
22      authorizing the Commonwealth to issue tax anticipation notes
23      to defray current expenses, implementing the provisions of
24      section 7(a) of Article VIII of the Constitution of
25      Pennsylvania authorizing and restricting the incurring of
26      certain debt and imposing penalties; affecting every
27      department, board, commission, and officer of the State
28      government, every political subdivision of the State, and
29      certain officers of such subdivisions, every person,
30      association, and corporation required to pay, assess, or
31      collect taxes, or to make returns or reports under the laws
32      imposing taxes for State purposes, or to pay license fees or
33      other moneys to the Commonwealth, or any agency thereof,
34      every State depository and every debtor or creditor of the
 1      Commonwealth," in Board of Finance and Revenue, further
 2      providing for restricted account within Agricultural College
 3      Land Scrip Fund.
 4      The General Assembly of the Commonwealth of Pennsylvania
 5   hereby enacts as follows:
 6      Section 1.   Section 507(a) and (c) of the act of April 9,
 7   1929 (P.L.343, No.176), known as The Fiscal Code, are amended
 8   and the section is amended by adding a subsection to read:
 9      Section 507.   Restricted Account within Agricultural College
10   Land Scrip Fund.--(a)   A restricted account is [hereby]
11   established within the Agricultural College Land Scrip Fund. The
12   money in the restricted account is appropriated on a continuing
13   basis to the State Treasurer for the purpose of funding
14   agricultural research programs and agricultural extension
15   services.
16      * * *
17      (c)   [Following] Beginning no later than ten days after the
18   effective date of an appropriation or transfer to the restricted
19   account during a fiscal year, the State Treasurer shall pay, on
20   an equal monthly basis during the fiscal year, the money in the
21   restricted account to the Commonwealth's land grant university
22   for agricultural research programs and for agricultural
23   extension services.
24      (c.1)    Payment under subsection (c) may not be prohibited,
25   withheld or delayed under any other law. The duty imposed on the
26   State Treasurer under subsection (c) shall be exercised
27   independently of whether or not there is an appropriation for
28   general support to the Commonwealth's land grant university for
29   the fiscal year in which payment under subsection (c) is
30   required to occur.
31      * * *


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1     Section 2.    This act shall take effect in 60 days.




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