Section 2. Overall limitations on debt to be incurred for capital projects.
The maximum principal amount of additional debt to be incurred during the 2024-2025 fiscal year, and thereafter until the enactment of the 2025-2026 capital budget specifying the maximum debt for the 2025-2026 fiscal year, for capital projects specifically itemized in a capital budget pursuant to section 7(a)(4) of Article VIII of the Constitution of Pennsylvania, and the fund to be charged with the repayment of such debt, shall, with respect to each category of capital projects, be as follows:
Category
Amount
Fund
(1) Public Improvement Projects:
(i) Buildings and structures
$900,000,000
General Fund or Special Fund as applicable
(2) Furniture and equipment
20,000,000
General Fund or Special Fund as applicable
(3) Transportation assistance projects
175,000,000
General Fund
(4) Redevelopment assistance projects
300,000,000
General Fund
(5) Flood control projects
0
General Fund
Total
$1,395,000,000