Debt authorization

Act 235 of 1982, § 7, under HIGHWAY-RAILROAD AND HIGHWAY BRIDGE CAPITAL BUDGET ACT FOR 1982-83.

Act 235 of 1982, § 7

Section 7. 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 $2,367,222,000 as may be found necessary to carry out the acquisition and construction of the highway projects, specifically itemized in section 3 of this capital budget.

(7 amended July 11, 1989, P.L.335, No.56)