Pennsylvania Act 1933-263 — FUNDS, STATE - TRANSFER OF

Act text

FUNDS, STATE - TRANSFER OF
                 Act of May 26, 1933, P.L. 1088, No. 263              Cl. 72
                                  AN ACT

     Authorizing the State Treasurer under certain conditions to
        transfer sums of money between the Motor License Fund and the
        General Fund; providing for subsequent transfers of equal
        sums between such funds; and making appropriations necessary
        to effect such transfers.

        Section 1.  Transfer of moneys between funds
        Whenever the Governor shall ascertain that the cash balance
     and the current estimated receipts of the General Fund or of the
     Motor License Fund shall be insufficient at any time during any
     fiscal period to meet promptly the expenses of the commonwealth
     payable from either fund, the State Treasurer is hereby
     authorized and directed, from time to time during such fiscal
     period, to transfer to such fund from the Motor License Fund or
     the General Fund, as the case may be, such sums as the Governor
     shall direct. Any sums so transferred shall be available for the
     purposes for which the fund to which they are transferred is
     appropriated by law. Transfers shall be made hereunder upon
     warrant by the Auditor General upon requisitions of the
     Governor. 1933, May 26, P.L. 1088, Sec. 1.  As amended 1961, May
     15, P.L. 204, Sec. 1.
        Section 2.  Retransfer
        In order to reimburse the Motor License Fund or the General
     Fund, as the case may be, an amount equal to that transferred
     from such fund during any fiscal period under section one of
     this act shall be transferred to such fund from the other fund
     not later than thirty days after the end of such fiscal period,
     in such amounts and at such times as the Governor shall direct.
     Such transfers shall be made by the State Treasurer upon warrant
     of the Auditor General upon requisitions of the Governor.  1933,
     May 26, P.L. 1088, Sec. 2.  As amended 1961, May 15, P.L. 204,
     Sec. 1.
        Section 3.  Appropriation for transfer
        The money in the General Fund and the Motor License Fund are
     hereby specifically appropriated for transfer, from time to
     time, as provided in this act. 1933, May 26, P.L. 1088, Sec. 3.