Learn About The Law
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Current as of January 01, 2026 | Updated by Findlaw Staff
(a) Transfer to retirement system accounts.--From the funds received under the authority of Article III of the act of March 4, 1971 (P.L. 6, No. 2), 1 known as the Tax Reform Code of 1971, the sum of $3,852,000 shall be transferred to the account established under section 1799.7-E. 2
(b) Transfer to School Safety and Security Fund.--No later than September 1, 2020, the sum of $45,000,000 shall be transferred to the School Safety and Security Fund in the State Treasury from funds received under the authority of Article III of the Tax Reform Code of 1971.
(c) Transfer to Environmental Stewardship Fund.--From funds received under the authority of Article III of the Tax Reform Code of 1971, the sum of $20,000,000 shall be transferred to the Environmental Stewardship Fund.
(d) Transfer to Commonwealth Financing Authority.--
(1) From the First Industries Program account established under 64 Pa.C.S. § 1542 (relating to revolving loan program accounts), the sum of $5,000,000 shall be transferred to an account to be established in the Commonwealth Financing Authority for research and development, organic transition, value-added processing and marketing grants in support of Pennsylvania's dairy industry.
(2) Guidelines.--The authority shall adopt guidelines for the approval of applications under this subsection and shall ensure that grants are made available to all geographic areas of this Commonwealth.
(e) Transfer to Commonwealth Financing Authority.--
(1) From the trust account established under 64 Pa.C.S. § 1541 (relating to trust accounts) for the Building Pennsylvania Program, $12,000,000 shall be transferred to an account to be established in the Commonwealth Financing Authority for blight remediation, including hazard mitigation, within this Commonwealth.
(2) The authority shall adopt guidelines for the approval of applications under this subsection and shall ensure that grants are made available to all geographic areas of this Commonwealth.
(f) Transfer to Commonwealth Financing Authority.--From the trust account established under 64 Pa.C.S. § 1541 for the New Pennsylvania Venture Capital Program, $24,000,000 shall be made available for distribution under the act of July 9, 2008 (P.L. 908, No. 63), 3 known as the H2O PA Act.
(g) Transfer to Department of Environmental Protection or Department of Conservation and Natural Resources.--Notwithstanding any other provisions of law, the Secretary of the Budget may transfer amounts available in special funds under the Governor's jurisdiction in amounts not to exceed $45,000,000 to augment the operations of the Department of Environmental Protection or the Department of Conservation and Natural Resources. Prior to making a transfer under this subsection, the Secretary of the Budget shall transmit notice of the amount to be transferred to the Legislative Reference Bureau for publication in the Pennsylvania Bulletin and provide notice to the chairperson and minority chairperson of the Appropriations Committee of the Senate and the chairperson and the minority chairperson of the Appropriations Committee of the House of Representatives.
Cite this article: FindLaw.com - Pennsylvania Statutes Title 72 P.S. Taxation and Fiscal Affairs § 1726-K. Fund transfers - last updated January 01, 2026 | https://codes.findlaw.com/pa/title-72-ps-taxation-and-fiscal-affairs/pa-st-sect-72-1726-k/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw’s Learn About the Law.
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Search our directory by legal issue
Enter information in one or both fields (Required)