Pennsylvania Statutes Title 72 P.S. Taxation and Fiscal Affairs § 1711-A. Transfer

(a) Transfer.--Notwithstanding section 704 of the act of July 6, 1989 (P.L. 169, No. 32),  1 known as the Storage Tank and Spill Prevention Act, the Secretary of the Budget shall, by October 15, 2002, transfer the sum of $100,000,000 from the Underground Storage Tank Indemnification Fund to the General Fund.

(b) Repayment.--The sum transferred under this section shall be repaid to the Underground Storage Tank Indemnification Fund after June 30, 2004, and before July 1, 2029, plus interest.

(c) Annual payment amount.--An annual payment amount shall be included in the budget submission required pursuant to section 613 of the act of April 9, 1929 (P.L. 177, No. 175),  2 known as The Administrative Code of 1929.

(d) Notice and expiration.--Upon determination by the Secretary of the Budget that the money transferred from the Underground Storage Tank Indemnification Fund under subsection (a) has been repaid to the Underground Storage Tank Indemnification Fund, the Secretary of the Budget shall transmit a notice to the Legislative Reference Bureau for publication in the Pennsylvania Bulletin.  This subarticle shall expire upon publication of the notice under this subsection.