Pennsylvania Statutes Title 72 P.S. Taxation and Fiscal Affairs § 1799.21-E. Special fund interest transfer to the General Fund

(a) Transfer.--Notwithstanding any other provision of law, for the 2026-2027 fiscal year, the secretary shall transfer $100,000,000 of interest earned from special funds to the General Fund.

(b) Evaluation.--Notwithstanding any other provision of law, beginning December 1, 2026, and annually thereafter, the secretary shall conduct an evaluation of each special fund to determine the feasibility of transferring up to $100,000,000 of interest earned from special funds to the General Fund in the next fiscal year thereafter.  In conducting the evaluation, the secretary shall analyze potential interest gains and investment performance to determine if a transfer under this section may be effectuated without placing the solvency of any of the special funds at risk.  After conducting the evaluation under this subsection, the secretary shall certify the amount of interest available to be transferred to the General Fund without jeopardizing the solvency of the special funds.

(c) Transmittal.--No later than December 31 of each year that an evaluation is conducted under subsection (b), the secretary shall transmit a copy of the evaluation and interest certification to the chairperson and minority chairperson of the Appropriations Committee of the Senate and the chairperson and minority chairperson of the Appropriations Committee of the House of Representatives.

(d) Construction.--Nothing in this section shall be construed to authorize the transfer of money from a special fund to the General Fund, if the transfer is otherwise prohibited by Federal law or regulation.

(e) Definitions.--As used in this section, the following words and phrases shall have the meanings given to them in this subsection unless the context clearly indicates otherwise:

“Special fund.”  The term shall include all special funds and restricted accounts of the Commonwealth except the following:

(1) The fund established under section 1701-A.  1

(2) Special funds and restricted accounts that support programs administered by the Department of Environmental Protection or the Department of Conservation and Natural Resources.