House Bill No. 1743 - Summary

This bill aims to amend the act of April 9, 1929, relating to the finances of the State government. It deals with the settlement, assessment, collection, and lien of taxes, bonuses, and all other accounts due to the Commonwealth, as well as the collection and recovery of fees and other money or property due to the Commonwealth.

Furthermore, it discusses the custody, disbursement, or disposition of funds and securities belonging to or in the possession of the Commonwealth, and the settlement of claims against the Commonwealth. It also includes provisions for auditing the accounts of the Commonwealth and its agencies, issuing tax anticipation notes, and imposing penalties related to debt.

The bill outlines the funds to which certain moneys shall be credited, such as the General Fund, various specific funds for different purposes like vocational education, fire insurance tax, fish fund, game fund, and more. It also consolidates some existing funds into new funds and clarifies the allocation of money into the General Fund from fees charged by Commonwealth agencies.

Rep. Steven Mentzer

Stats

Sponsored Legislation