Pennsylvania § 3906 - Funds.
Full text of Pennsylvania Pennsylvania Consolidated Statutes § 3906 — Funds., with citation guidance and answers to common questions.
§ 3906. Funds.
(a) Proceeds.--Proceeds of the borrowing authorized by the electors pursuant to the act of February 12, 2004 (P.L.72, No.10), known as the Water and Wastewater Treatment Project Bond Act, shall be deposited in the fund.
(b) Fund.--
(1) The Water Supply and Wastewater Treatment Fund is established as a restricted fund in the State Treasury.
(2) The fund shall be used in accordance with the following:
(i) $200,000,000 shall be used by the department to fund grants and loans in accordance with this chapter.
(ii) $50,000,000 shall be used by the Pennsylvania Infrastructure Investment Authority to finance projects of existing water and wastewater systems which, when complete, do any of the following:
(A) Repair, rehabilitate or modernize existing water or wastewater systems to meet environmental or public health standards.
(B) Eliminate existing combined or sanitary wastewater overflow problems.
(C) Construct water or wastewater infrastructure to improve public health or eliminate environmental concerns.
(D) Construct wastewater infrastructure utilizing nutrient reduction technology.
(c) Sinking Fund.--The Water Supply and Wastewater Treatment Sinking Fund is established to make principal and interest payments under section 3907(d) (relating to Commonwealth indebtedness).
Cross References. Section 3906 is referred to in section 3902 of this title.
Frequently Asked Questions About Pennsylvania § 3906
What does Pennsylvania Consolidated Statutes § 3906 cover?
Section 3906 ("Funds.") is part of the Pennsylvania Consolidated Statutes, the codified statutory law of Pennsylvania. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Pennsylvania § 3906?
A common citation format is "Pennsylvania Consolidated Statutes § 3906" (Pennsylvania). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Pennsylvania law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Pennsylvania official source linked on this page or consult a licensed Pennsylvania attorney.
How does Pennsylvania § 3906 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Pennsylvania can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Pennsylvania.