Pennsylvania § 1772 Payment of proceeds of tax levied for authority purposes

Pennsylvania Statutes

§ 1772 — Payment of proceeds of tax levied for authority purposes

Pennsylvania § 1772

JurisdictionPennsylvania

Title 74TRANSPORTATION

PartPART II

Ch. 17METROPOLITAN TRANSPORTATION AUTHORITIES

Subch.FUNDS AND BONDS OF AUTHORITIES

This text of Pennsylvania § 1772 (Payment of proceeds of tax levied for authority purposes) is published on Counsel Stack Legal Research, covering Pennsylvania primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

74 Pa. Cons. Stat. § 1772 (2026).

Text

The proceeds of any tax levied for authority purposes or made available for use by the authority and collected by the Department of Revenue, which tax proceeds shall have been pledged by an authority to secure its bonds, shall be transferred by the State Treasurer to or upon the order of the authority at the times provided by law, subject to any limitations set forth in the resolution of the authority authorizing the bonds.

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The proceeds of any tax levied for authority purposes or made available for use by the authority and collected by the Department of Revenue, which tax proceeds shall have been pledged by an authority to secure its bonds, shall be transferred by the State Treasurer to or upon the order of the authority at the times provided by law, subject to any limitations set forth in the resolution of the authority authorizing the bonds.