Debt authorization

Act 147 of 1994, § 73, under HIGHWAY-RAILROAD AND HIGHWAY BRIDGE CAPITAL BUDGET SUPPLEMENTAL ACT FOR 1993-1994.

Act 147 of 1994, § 73

Section 73. Debt authorization.

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 $1,053,491,000 as may be found necessary to carry out the acquisition and construction of the State highway projects specifically itemized in this act.