Pennsylvania Statutes Title 16 P.S. Counties § 6157-B. Dedication and disbursement

(a) There is hereby created the Allegheny Regional Asset District Sales and Use Tax Fund. The State Treasurer shall be custodian of the fund which shall be subject to the provisions of law applicable to funds listed in section 302 of the act of April 9, 1929 (P.L. 343, No. 176),  1 known as “The Fiscal Code.” Taxes imposed under section 3152-B  2 shall be received by the department and paid to the State Treasurer and, along with interest and penalties less any collection costs allowed under this subarticle and any refunds and credits paid, shall be credited to the fund not less frequently than every two weeks. During any period prior to the credit of moneys to the fund, interest earned on moneys received by the department and paid to the State Treasurer under this subarticle shall be deposited into the fund. All moneys in the fund, including, but not limited to, moneys credited to the fund under this section, prior year encumbrances and the interest earned thereon, shall not lapse or be transferred to any other fund, but shall remain in the fund and must be used exclusively as provided in this section. Pending their disbursement, moneys received on behalf of or deposited into the fund shall be invested or reinvested as are other moneys in the custody of the State Treasurer in the manner provided by law. All earnings received from the investment or reinvestment of the moneys shall be credited to the fund.

(b) On or before the tenth day of every month, the State Treasurer shall make the following disbursements on behalf of the county imposing the tax out of the moneys which are, as of the last day of the previous month, contained in the fund: