Tuesday, March 29, 2005

HB3: Green Pennsylvania

H.B. 3, P.N. 220. QIUGLEY. This would amend Title 27, Environmental Resources.
The Environmental Stewardship Fund would receive funds from the Green PA Bond Act, state indebtedness, Federal Funds, and General Assembly appropriations. The funds would be allocated by 43.7% to the Environmental Protection Department, 31.3% to the Conservation and Natural Resources Department, and 25% to the Pennsylvania Infrastructure Investment Authority.
An Environmental Endowment Account would be established. This would be funded by Fund interest, investment income, disposal fees and penalty revenues, and excess Fund balances. The Governor may recommend appropriations from the account for environmental needs that would require two thirds approval of both legislative houses.
The Conservation and Natural Resources Department would provide a minimum of $15 million annually to be used for matching funds to county open space districts or organizations for open space preservation.
The uses of grants and loans should be general consistent with county and municipal comprehensive plans.
A Hazardous Sites Cleanup Fund would be established.
The Environmental Protection Department would provide a minimum of $15 million annually for abandoned mine reclamation.
The Agriculture Department would be require to use competitive sealed bids when purchasing supplies or awarding construction contracts using fund resources.
Up to $115 million annually up to $800 million in total may be borrowed from the Green PA Bond, not counting refunding outstanding funds and replacement notes needed for these purposes. The legislature would annually appropriate funds from the Environmental Stewardship Sinking Fund for debt retirement. If the Sinking Fund has insufficient funds to pay the principal and interest on existing debt, no additional debt may be incurred. Bond sales and borrowing would be required to meet the standards of existing debt laws.
Disposal fees would be allocated at $2.50 per ton to the Environmental Stewardship Sinking Fund, $1.25 per ton to the Hazardous Sites Cleanup Fund, and 25 cents per ton to the Agricultural Conservation Easement Purchase Fund.

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