Section 1. Borrowing of money authorized.
Pursuant to the provisions of clause (1) of subsection (a) of section 7 of Article VIII of the Constitution of Pennsylvania, the Commonwealth is hereby authorized and directed to borrow from time to time money not exceeding in the aggregate the sum of $110,000,000, not including money borrowed to refund outstanding bonds, notes or replacement notes, as may be found necessary to carry out the rehabilitation of areas affected by the blizzard of January 1996 or the resulting flood emergency.