Pennsylvania Act 1941-77 — MUNICIPALITIES TO PURCHASE FEDERAL SURPLUS COMMODITY STAMPS

Act text

MUNICIPALITIES TO PURCHASE FEDERAL SURPLUS COMMODITY STAMPS
                  Act of Jun. 19, 1941, P.L. 142, No. 77              Cl. 67
                                  AN ACT

     Authorizing political subdivisions to appropriate money for
        participation in Federal Surplus Commodities Stamp plans; to
        borrow money and issue bonds for said purpose; providing for
        payment of such appropriations into a special fund in the
        State Treasury; appropriating the money in such fund, and
        authorizing the purchase of necessary insurance.

        The General Assembly of the Commonwealth of Pennsylvania
     hereby enacts as follows:

        Section 1.  The respective authorities of the several
     counties, cities, boroughs, incorporated town and townships of
     this Commonwealth are hereby authorized to appropriate from time
     to time as required such amounts as may be deemed advisable or
     necessary to aid in the establishment or continuance therein of
     Federal Surplus Commodities Stamp plans for the removal of
     surplus agricultural commodities set up by the Federal
     Government under the authority of Acts of Congress and rules and
     regulations duly adopted in accordance therewith. For said
     purpose the county, city, borough, incorporated town or township
     is hereby authorized to borrow money and incur indebtedness
     subject to constitutional limitations and may issue as evidence
     thereof registered or coupon serial bonds payable by such
     municipality within ten years from their issue and bearing
     interest at a rate not exceeding six per cent per annum payable
     annually or semiannually and may negotiate the same for the
     purpose of raising the money necessary to carry out the
     provisions of this act, and said political subdivisions may levy
     and collect taxes on all taxable property in said subdivisions
     for the purpose of paying any bonded indebtedness which may be
     incurred as herein provided.
        Section 2.  All moneys so appropriated shall be paid into the
     Surplus Commodities Stamp Fund of the State Treasury through the
     Department of Revenue, and the Secretary of Public Assistance
     shall use such fund for the purchase of Federal Surplus
     Commodities Stamps from the Federal Government, which stamps
     shall be sold to persons eligible to receive same in accordance
     with Federal Surplus Commodities Stamp plans. All moneys
     received from the sale of such stamps and all moneys received
     from insurance covering losses of such stamps or the proceeds
     from the sale of such stamps shall be paid into the said fund
     and shall be used for the further purchase of Federal Surplus
     Commodities Stamps. Upon notice of withdrawal to the Secretary
     of Public Assistance of any county, city, borough, incorporated
     town or township from further participation in the Federal
     Surplus Commodities Stamp plans, such county, city, borough,
     incorporated town or township shall be reimbursed by the
     Secretary of Public Assistance from the fund to the full extent
     of its contributions. All moneys whatsoever paid into said fund
     are hereby specifically appropriated to the Department of Public
     Assistance for the purposes hereinbefore set forth.
        Section 3.  The Department of Public Assistance shall have
     the power to purchase through the Department of Property and
     Supplies such insurance as may be deemed necessary to protect it
     against loss in the handling of Federal Surplus Commodities
     Stamps or the proceeds from the sale thereof. The costs of such
     insurance shall be paid out of appropriations to the Department
     of Public Assistance for assistance, local administration, et
     cetera.
        Section 4.  The provisions of this act shall become effective
     immediately upon final enactment.