12 Pa.C.S. § 1503
This is the official text of 12 Pa.C.S. § 1503, part of Pennsylvania’s Pa.C.S — part of the compiled statutory law of Pennsylvania, published by the state as "Pa.C.S." Browse the sections below, each linked to its official government source.
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Pennsylvania-Ireland Trade Commission Fund.
Official statutory text
(a) Establishment and purposes.--The Pennsylvania-Ireland Trade Commission Fund is established as a nonlapsing fund within the State Treasury to accept financial assets to defray the administrative expenses of the commission and implement and administer the provisions of this chapter.
(b) Operation.--
(1) All money deposited into the fund and interest and other earnings on the money in the fund are appropriated on a continuing basis to the commission for the purposes described in subsection (a).
(2) Any money remaining in the fund at the end of each fiscal year, including interest and other earnings, shall not revert to the General Fund but shall remain in the fund. (Oct. 29, 2024, P.L.1056, No.116, eff. imd.) 2024 Amendment. Act 116 added section 1503. Cross References. Section 1503 is referred to in section 1501 of this title.
(b) Operation.--
(1) All money deposited into the fund and interest and other earnings on the money in the fund are appropriated on a continuing basis to the commission for the purposes described in subsection (a).
(2) Any money remaining in the fund at the end of each fiscal year, including interest and other earnings, shall not revert to the General Fund but shall remain in the fund. (Oct. 29, 2024, P.L.1056, No.116, eff. imd.) 2024 Amendment. Act 116 added section 1503. Cross References. Section 1503 is referred to in section 1501 of this title.
Status: in_force · Read it on the official government site
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