72 Pa. Stat. § 8296

Current through P.A. Acts 2023-32
Section 8296 - Disposition of certain funds

(a) Receipts from the tax imposed under this article shall be deposited into the General Fund and used as follows:
(1) Twenty-five million four hundred eighty-five thousand dollars ($25,485,000) shall be transferred annually to the Agricultural Conservation Easement Purchase Fund.
(2) Thirty million seven hundred thirty thousand dollars ($30,730,000) shall be transferred annually to the Children's Health Fund for health care for uninsured children.
(3) For the payments required under subsection (c).
(b) The transfers required under subsection (a)(1) and (2) shall be made in two equal payments by July 15 and January 15.
(c) For any fiscal year after the effective date of this subsection in which the revenue deposited into the Local Cigarette Tax Fund from an excise tax imposed and assessed upon the sale or possession of cigarettes within a school district that is coterminous with a city of the first class is less than fifty eight million dollars ($58,000,000), the State Treasurer shall transfer receipts deposited into the General Fund in accordance with this section to the Local Cigarette Tax Fund in an amount equal to the difference between the revenue deposited during the fiscal year and fifty eight million dollars ($58,000,000) to be disbursed as provided under 53 Pa.C.S. § 8722(i) (relating to local option cigarette tax in school districts of the first class). The Secretary of Revenue shall determine the amount to be transferred. The transfers required under this subsection shall be made annually by July 15.

72 P.S. § 8296

Amended by P.L. TBD 2016 No. 84, § 17.1, eff. 7/13/2016.
1971, March 4, P.L. 6, No. 2, art. XII, § 1296, added 1981, Dec. 21, P.L. 482, No. 141, § 5, effective in 30 days. Amended 1991, Aug. 4, P.L. 97, No. 22, § 35, imd. effective; 1997, May 7, P.L. 85, No. 7, § 21, imd. effective; 2002, June 29, P.L. 559, No. 89, § 26, effective 7/1/2002.