Debt authorization

Act 117 of 1990, § 6, under CAPITAL PROJECT ITEMIZATION ACT 1990 - 1991 - SUPPLEMENT.

Act 117 of 1990, § 6

Section 6. Debt authorization.

(a) Transportation projects.--The Governor, Auditor General and State Treasurer are hereby authorized and directed to borrow, from time to time, in addition to any authorization heretofore or hereafter enacted, on the credit of the Commonwealth, subject to the limitations provided in the current capital budget, money not exceeding in the aggregate the sum of $75,548,000 as may be found necessary to carry out the acquisition and construction of the transportation assistance projects specifically itemized in a capital budget.

(b) Public improvements.--The Governor, Auditor General and State Treasurer are hereby authorized and directed to borrow, from time to time, in addition to any authorization heretofore or hereafter enacted, on the credit of the Commonwealth, subject to the limitations provided in the current capital budget, money not exceeding in the aggregate the sum of $1,278,000 as may be found necessary to carry out the acquisition and construction of the public improvement projects specifically itemized in a capital budget.