Pennsylvania House Bill HB2142

Pennsylvania 2023-2024 Regular Session

• Introduced: 3/20/24
• Refer: 3/20/24

Caption

In additional special funds and restricted accounts, providing for Safe Path Restricted Account; and making a transfer.

Impact

The introduction of HB 2142 is expected to have significant implications for state law concerning financial management and appropriations. By formalizing the creation of the Safe Path Restricted Account, the bill seeks to safeguard funds that are critical for safety initiatives. This strategic allocation is intended to streamline the budgeting process and ensure that funds meant for safety are not diverted to other uses, which could ultimately improve program outcomes and accountability.

Summary

House Bill 2142 aims to establish additional special funds and restricted accounts within the state budget, with a particular focus on creating the Safe Path Restricted Account. This initiative reflects the state's ongoing efforts to manage financial resources effectively, particularly those allocated for safety-related programs. The bill proposes mechanisms for transferring funds into these accounts, ensuring that specific funds are designated for their intended uses, thereby enhancing fiscal responsibility.

Sentiment

The sentiment surrounding HB 2142 appears to be largely supportive, particularly among lawmakers who prioritize financial safety and budget integrity. Proponents argue that the establishment of these restricted accounts is a necessary step towards a more transparent and accountable financial system. However, discussions among legislators highlight a cautious optimism, as there are concerns about the implications for budgeting flexibility in the future, making the debate nuanced rather than purely straightforward.

Contention

While the overarching goal of HB 2142 is to enhance funding safety, some lawmakers express concerns about the potential rigidity that could arise from creating additional restricted accounts. They argue that such measures may limit the state’s ability to reallocate funds in response to changing needs or emergencies. This point of contention reveals a broader debate within the legislature about finding the right balance between fiscal discipline and the need for financial adaptability in addressing emergent issues.