Pennsylvania Act 1993-13 — LIQUOR CODE - AMEND TRANSFER OF FUNDS

Act text

Session of 1993

No. 1993-13

HB 343

AN ACT

Amending the act of April 12, 1951 (P.L.90, No.21), entitled, as reenacted, "An act relating to alcoholic liquors, alcohol and malt and brewed beverages; amending, revising, consolidating and changing the laws relating thereto; regulating and restricting the manufacture, purchase, sale, possession, consumption, importation, transportation, furnishing, holding in bond, holding in storage, traffic in and use of alcoholic liquors, alcohol and malt and brewed beverages and the persons engaged or employed therein; defining the powers and duties of the Pennsylvania Liquor Control Board; providing for the establishment and operation of State liquor stores, for the payment of certain license fees to the respective municipalities and townships, for the abatement of certain nuisances and, in certain cases, for search and seizure without warrant; prescribing penalties and forfeitures; providing for local option, and repealing existing laws," eliminating the transfer of funds to the Enforcement Officers' Retirement Account; providing for the transfer of funds remaining in the account; and providing for the transfer of excess funds transferred to the Enforcement Officers' Benefit Account in the State Employees' Retirement Fund.

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

Section 1. Section 802(b) of the act of April 12, 1951 (P.L.90, No.21), known as the Liquor Code, reenacted and amended June 29, 1987 (P.L.32, No.14), is amended to read:

Section 802. Moneys Paid Into The State Stores Fund for Use of the Commonwealth.--* * *

[(b) One-half of all application filing and transfer fees shall be credited to a special account designated as the Enforcement Officers' Retirement Account. The moneys credited to this account shall be paid, annually, by the board to the State Employes' Retirement Board to be paid into the State Employes' Retirement Fund and credited to the Enforcement Officers' Benefit Account.]

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Section 2. Any funds credited to the special account in The State Stores Fund designated as the Enforcement Officers' Retirement Account, but not transferred to the State Employees' Retirement Fund as of the effective date of this act, shall be transferred to the General Fund.

Section 3. All funds not necessary to fund current and future retirement benefits shall be transferred from the Enforcement Officers' Benefit Account in the State Employees' Retirement Fund to the General Fund within 30 days of the effective date of this act. These funds represent funds in excess of those determined by the actuary to be needed to cover the value of benefits for retirees and any Class C benefits payable from the Enforcement Officers' Benefit Account.

Section 4. This act shall take effect immediately.

APPROVED--The 28th day of May, A. D. 1993.

ROBERT P. CASEY