64 Pa.C.S. § 6
This is the official text of 64 Pa.C.S. § 6, 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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Applicability.
Official statutory text
The following shall apply:
(1) In order to facilitate the repair or rehabilitation of existing water and wastewater systems, the Commonwealth shall, by December 31, 2005, incur not less than $50,000,000 nor more than $100,000,000 of additional debt from the debt authorized under the act of March 16, 1992 (P.L.10, No.5), known as the Small Water Systems Assistance Act, and approved by the electorate at the April 28, 1992, General Election. The additional debt shall be incurred by the issuance of general obligation bonds issued in accordance with section 17 of the act of March 1, 1988 (P.L.82, No.16), known as the Pennsylvania Infrastructure Investment Authority Act.
(2) Proceeds from the sale of bonds required by paragraph (1) shall be transferred to the Pennsylvania Infrastructure Investment Authority.
(3) The Pennsylvania Infrastructure Investment Authority shall use the proceeds from the sale of bonds required by paragraph (1) to finance projects of existing water and wastewater systems which, when complete, do any of the following:
(i) Repair, rehabilitate or modernize existing water or wastewater systems to meet environmental or public health standards.
(ii) Eliminate existing combined or sanitary wastewater overflow problems.
(iii) Construct water or wastewater infrastructure to improve public health or eliminate environmental concerns.
(iv) Construct wastewater infrastructure utilizing nutrient reduction technology.
Explanatory Note. Act 218 amended or added sections 1504, 1543, 1552 and 1558 of Title 64. 2008, OCTOBER 9, P.L.1517, NO.125
(1) In order to facilitate the repair or rehabilitation of existing water and wastewater systems, the Commonwealth shall, by December 31, 2005, incur not less than $50,000,000 nor more than $100,000,000 of additional debt from the debt authorized under the act of March 16, 1992 (P.L.10, No.5), known as the Small Water Systems Assistance Act, and approved by the electorate at the April 28, 1992, General Election. The additional debt shall be incurred by the issuance of general obligation bonds issued in accordance with section 17 of the act of March 1, 1988 (P.L.82, No.16), known as the Pennsylvania Infrastructure Investment Authority Act.
(2) Proceeds from the sale of bonds required by paragraph (1) shall be transferred to the Pennsylvania Infrastructure Investment Authority.
(3) The Pennsylvania Infrastructure Investment Authority shall use the proceeds from the sale of bonds required by paragraph (1) to finance projects of existing water and wastewater systems which, when complete, do any of the following:
(i) Repair, rehabilitate or modernize existing water or wastewater systems to meet environmental or public health standards.
(ii) Eliminate existing combined or sanitary wastewater overflow problems.
(iii) Construct water or wastewater infrastructure to improve public health or eliminate environmental concerns.
(iv) Construct wastewater infrastructure utilizing nutrient reduction technology.
Explanatory Note. Act 218 amended or added sections 1504, 1543, 1552 and 1558 of Title 64. 2008, OCTOBER 9, P.L.1517, NO.125
Status: in_force · Read it on the official government site
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