73 Pa. Stat. § 1649.502

Current through Pa Acts 2024-53, 2024-56 through 2024-92

Section 1649.502 - Appropriation

Following the expiration of one or more generation rate caps established in an electric utility restructuring proceeding under 66 Pa.C.S. § 2804(4) (relating to standards for restructuring of electric industry), the following sums shall be appropriated annually from the General Fund to the department for allocation under section 503 :

(1) For fiscal years 2008-2009 through 2011-2012, $15,000,000.

(2) For fiscal year 2012-2013, $12,000,000.

(3) For fiscal years 2013-2014 and 2014-2015, $10,000,000.

(4) For fiscal year 2015-2016, $8,000,000.

73 P.S. § 1649.502

2008, July 9, P.L. 1873, No. 1 (Spec. Sess. No. 1), § 502, imd. effective.