PRINTER'SS1056B1927A06057 NES:JMT 10/21/24 #90 A06057 AMENDMENTS TO SENATE BILL NO.

13641056 THESponsor: GENERAL ASSEMBLY OF PENNSYLVANIA SENATE BILL Session of No.

1056REPRESENTATIVE 2024J.HARRIS INTRODUCEDPrinter's BYNo. ARGALL, PHILLIPS-HILL, COSTA, BROWN AND BAKER, FEBRUARY 12, 2024 REFERRED TO FINANCE, FEBRUARY 12, 2024 AN ACT Amending the act of April 9, 1929 (P.L.343, No.176), entitled "An act relating to the finances of the State government;

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and providing for the settlement,electric assessment,vehicle collection,road anduser liencharge ofeffective taxes,date bonus,Amend andBill, allpage other33, accountsby dueinserting thebetween Commonwealth,lines the21 collection and recovery22 ofSection fees2.1. and other money or property due or belonging to the Commonwealth, or any agency thereof, including escheated property and the proceeds of its sale, the custody and disbursement or other disposition of funds Commonwealth, and the settlement of claims against thee Commonwealth, the resettlement of accounts and appeals to the courts, refunds of moneys erroneously paid to the Commonwealth, auditing the accounts of the Commonwealth and all agencies thereof, of all public officers collecting moneys payable to the Commonwealth, or any agency thereof, and all receipts of appropriations from the Commonwealth, authorizing the Commonwealth to issue tax anticipation notes to defray current expenses, implementing the provisions of section 7(a) of Article VIII of the Constitution of Pennsylvania authorizing and restricting the incurring of certain debt and imposing penalties;

affectingNotwithstanding everysection department,5(3) board, commission, and officer of the Stateact government, every political subdivision of theJuly State,17, and2024 certain(P.L.917, officersNo.85), ofentitled such"An subdivisions,act everyamending person,Title association,75 and(Vehicles) corporationof required to pay, assess, or collect taxes, or to make returns or reports under the lawsPennsylvania imposingConsolidated taxesStatutes, for State purposes, or to pay license fees or other moneys to the Commonwealth, or any agency thereof, every State depository and every debtor or creditor of the Commonwealth," in Treasurygeneral Department,provisions, further providing for investmentdefinitions; of moneys.

Thein Generalliquid Assemblyfuels ofand thefuels Commonwealthtax, further providing for definitions and for imposition of Pennsylvaniatax, herebyexemptions enactsand asdeductions follows:and providing for electric vehicle road user charge;

Sectionand 1.imposing a penalty," the addition of 75 Pa.C.S.

Section§ 301.1(i)(2)9024, ofexcept thefor act75 ofPa.C.S. April 9, 1929 (P.L.343, No.176), known as The Fiscal Code, is amended to read:

Section§ 301.1.9024(d) (1)(ii), shall take effect June 30, 2025.

Investment2024/90NES/SB1056A06057 of- Moneys.--*1 *- * (i) * * * (2) The authority to invest or reinvest the moneys of any fund pursuant to this subsection shall expire December 31, [2024] 2034.

The Treasury Department may maintain investments pursuant to this subsection which are in existence on the expiration date in this paragraph for not more than two years following such expiration date.

Section 2.

This act shall take effect immediately.

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