Section 9511.3 – Expenses
§ 9511.3. Expenses. (a) Reimbursement.–The commission shall be reimbursed from bond proceeds for the necessary and documented reasonable expenses incurred in the performance of the duties performed under the provisions of this chapter. (b) Source.–All expenses incurred in carrying out the provisions of this chapter shall be paid solely from funds provided under the authority […]
Section 9605 – Tax due date
§ 9605. Tax due date. The tax imposed under this chapter shall be paid by each motor carrier quarterly to the department on or before the last day of April, July, October and January of each year and calculated upon the amount of motor fuel used in its operations on highways within this Commonwealth by […]
Section 9511.4 – Special revenue bonds and preliminary or interim financing
§ 9511.4. Special revenue bonds and preliminary or interim financing. (a) Authorization.–The commission is authorized to provide, by resolution, for the issuance of special revenue bonds of the commission up to an aggregate principal amount not exceeding $5,000,000,000, exclusive of original issue discount, for the purpose of paying the cost of the department and bond-related […]
Section 9606 – Tax revenue to Motor License Fund
§ 9606. Tax revenue to Motor License Fund. All taxes, fees, penalties and interest paid under this chapter shall be credited to and are hereby appropriated to the Motor License Fund as provided for by section 11 of Article VIII of the Constitution of Pennsylvania. (Apr. 17, 1997, P.L.6, No.3, eff. Oct. 1, 1997)
Section 9511.5 – Application of proceeds of obligations, lien of holders of obligations, design-build requirement and projects approved by General Assembly
§ 9511.5. Application of proceeds of obligations, lien of holders of obligations, design-build requirement and projects approved by General Assembly. (a) Application.–The following shall apply: (1) All proceeds received from any bonds, notes or other obligations issued under this chapter shall be applied solely to the payment of: (i) the cost of the department; and […]
Section 9607 – Calculation of amount of fuel used in Commonwealth
§ 9607. Calculation of amount of fuel used in Commonwealth. The amount of gasoline or other motor fuel used in the operations of any motor carrier on highways within this Commonwealth shall be such proportion of the total amount of the gasoline or other motor fuel used in its entire operations within and without this […]
Section 9511.6 – Trust indenture, protection of holders of obligations and depositories
§ 9511.6. Trust indenture, protection of holders of obligations and depositories. (a) Indenture.–In the discretion of the commission, a bond, note or other obligation may be secured by a trust indenture by and between the commission and a corporate trustee, which may be any trust company or bank having the powers of a trust company, […]
Section 9511.7 – Exemption from Commonwealth taxation
§ 9511.7. Exemption from Commonwealth taxation. The effectuation of the purposes of this chapter is for the benefit of the citizens of this Commonwealth and for the improvement of their commerce and prosperity. Since the commission will be performing essential government functions in effectuating these purposes, the commission shall not be required to pay any […]
Section 9511.8 – Costs related to Federal income tax matters
§ 9511.8. Costs related to Federal income tax matters. Tax matter costs incurred by the commission in connection with any proceeding of or filing with the Internal Revenue Service concerning the use of proceeds of bonds issued under this chapter shall be paid or reimbursed from available funds in the motor license fund. Tax matter […]
Section 9511.9 – Special revenue refunding bonds
§ 9511.9. Special revenue refunding bonds. The commission is authorized to provide, by resolution, for the issuance of special revenue refunding bonds of the commission for the purpose of refunding any special revenue bonds, notes or other obligations issued under the provisions of this chapter and then outstanding. The issuance of the special revenue refunding […]