Annual report

Act 176 of 1929, § 1812-A, under THE FISCAL CODE.

Act 176 of 1929, § 1812-A

Section 1812-A. Annual report.

No later than March 1 of the year following the first full year in which bonds have been issued under this article and for each year thereafter in which bond obligations existed in the prior year, the department shall submit an annual report to the chair and minority chair of the Appropriations Committee of the Senate, the chair and minority chair of the State Government Committee of the Senate, the chair and minority chair of the Appropriations Committee of the House of Representatives and the chair and minority chair of the State Government Committee of the House of Representatives providing all data available on bonds issued or existing in the prior year. The report shall include existing and anticipated bond principal, interest and administrative costs, revenue, repayments, refinancing, overall benefits to counties and any other relevant data, facts and statistics that the department believes necessary in the content of the report. The Commonwealth Financing Authority shall cooperate with the department and the authority in the preparation of all reports and requests required under this article.

(1812-A added July 11, 2024, P.L.550, No.54)