Debt authorization

Act 223 of 2002, § 74, under HIGHWAY-RAILROAD AND HIGHWAY BRIDGE CAPITAL BUDGET SUPPLEMENTAL ACT FOR 2002-2003.

Act 223 of 2002, § 74

Section 74. 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 $1,563,530,000, as may be found necessary to carry out the acquisition and construction of the State projects specifically itemized in this act.