

     § 6116.  Establishment of bond fund and allocation and use of
                bond proceeds.
        (a)  Establishment of bond fund.--There is hereby established
     a special fund in the State Treasury to be known as the Growing
     Greener Bond Fund. Prior to allocation, moneys in the bond fund
     may be invested or reinvested as are other funds in the custody
     of the State Treasurer in a manner provided by law. The
     following amounts shall be deposited by the Treasury Department
     into the bond fund:
            (1)  Funds borrowed under section 6115(a) (relating to
        Commonwealth indebtedness) for use as prescribed in this
        chapter.
            (2)  Earnings derived from the investment of the money in
        the bond fund after deduction of investment expenses.
            (3)  Any other money appropriated to the bond fund.
        (b)  Plan.--An annual allocation plan for the bond fund shall
     be submitted by the Governor to the General Assembly as part of
     the Governor's annual budget. The allocation plan shall be open
     for review and comment by the members of the General Assembly
     and shall include a detailed listing of the types of programs to
     be funded for the fiscal year. The General Assembly may review
     and provide comment on the allocation plan.
        (c)  Allocation and use of funds.--Moneys in the bond fund
     shall be allocated and used as follows:
            (1)  The amount of $230,000,000 to the Department of
        Environmental Protection for its existing programs for
        watershed protection, mine and acid mine drainage
        remediation, plugging of abandoned oil and gas wells,
        advanced energy projects as authorized in subparagraph (i),
        flood protection, geological hazards and brownfields
        remediation. At least $60,000,000 shall be used for acid mine
        drainage abatement and mine cleanup efforts. The Department
        of Environmental Protection is authorized to make portions of
        these moneys available to the following Commonwealth agencies
        and authorities for the purposes designated:
                (i)  up to $10,000,000 annually to the Energy
            Development Authority for advanced energy projects; and
                (ii)  up to $5,000,000 annually to the Department of
            Community and Economic Development for brownfields
            remediation.
            (2)  The amount of $217,500,000 to the Department of
        Conservation and Natural Resources for its existing programs
        for the improvement of State parks and State forests,
        community park and recreation grants and open space
        preservation. Not less than $100,000,000 of these moneys
        shall be used for facility and infrastructure improvements to
        State parks and State forests, and $90,000,000 of these
        moneys shall be used for open space conservation. Except for
        interior lands of existing State park or State forest lands,
        funds under this subsection shall not be used for acquisition
        of additional State park or State forest lands without the
        approval of the board of commissioners in the county where
        the acquisition is situated.
            (3)  The amount of $80,000,000 to the Department of
        Agriculture for its existing county-based farmland
        preservation programs.
            (4)  Not more than $50,000,000 to the Department of
        Community and Economic Development for main street and
        downtown redevelopment related to smart growth, including
        improvements to existing water and wastewater infrastructure.
            (5)  The amount of $27,500,000 to the Pennsylvania Fish
        and Boat Commission for capital improvement projects to its
        existing lands and facilities. The executive director of the
        Pennsylvania Fish and Boat Commission shall, no later than
        June 30 of each year, provide an annual allocation plan
        detailing the projects to be funded under this paragraph, the
        amount of each project and the anticipated environmental
        benefit of the project to the chairman and minority chairman
        of the Game and Fisheries Committee of the Senate and the
        chairman and minority chairman of the Game and Fisheries
        Committee of the House of Representatives.
            (6)  The amount of $20,000,000 to the Pennsylvania Game
        Commission for capital improvement projects to its existing
        lands and facilities. The executive director of the
        Pennsylvania Game Commission shall, no later than June 30 of
        each year, provide an annual allocation plan detailing the
        projects to be funded under this paragraph, the amount of
        each project and the anticipated environmental benefit of the
        project to the chairman and minority chairman of the Game and
        Fisheries Committee of the Senate and the chairman and
        minority chairman of the Game and Fisheries Committee of the
        House of Representatives. Funds under this paragraph shall
        not be used for land acquisition.
        (d)  Definition.--As used in this section, the term "capital
     improvement project" or "project" means a project eligible for
     tax-exempt financing under the Internal Revenue Code of 1986
     (Public Law 99-514, 26 U.S.C. ñ 1 et seq.).
     (July 13, 2005, P.L.213, No.45, eff. imd.)

        2005 Amendment.  Act 45 added section 6116.
        Cross References.  Section 6116 is referred to in sections
     6103, 6104, 6115, 6117 of this title.

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Last modified: November 27, 2007