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Capital improvements program - 74 Pa. Cons. Stat. § 1517

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     § 1517.  Capital improvements program.
        (a)  Eligibility.--A local transportation organization may
     apply for financial assistance under this section.
        (b)  Applications.--The department shall establish the
     contents of the application for the program established under
     this section. The information shall be in addition to
     information required under section 1507 (relating to application
     and approval process).
        (c)  Distribution formula.--The department shall award
     financial assistance under this section based on the number of
     passengers. The actual amount awarded to a local transportation
     organization under this subsection shall be calculated as
     follows:
            (1)  Multiply the local transportation organization's
        passengers by the total amount of funding available under
        this section.
            (2)  Divide the product under paragraph (1) by the sum of
        the passengers for all qualifying local transportation
        organizations.
        (d)  Payments.--Financial assistance under this section shall
     be paid to local transportation organizations at least
     quarterly.
        (e)  Reduction in financial assistance.--Financial assistance
     provided to a local transportation organization under this
     section shall be reduced by any financial assistance received
     previously under this section which has not been spent or
     committed in a contract within three years of its receipt.

        Cross References.  Section 1517 is referred to in section
     1506 of this title.

Last modified: November 27, 2007