News Releases - August 2017

Treasurer Torsella Authorizes $750 Million Line of Credit to General Fund

Harrisburg, PA – Pennsylvania Treasurer Joe Torsella announced today that he has authorized a short-term two-week $750 million line of credit from Treasury’s Short Term Investment Pool (STIP) to the Commonwealth’s General Fund from August 14 to August 23. Without this line of credit, the General Fund would fall into negative territory during that period.

Pennsylvania Treasurer Torsella Hosts Roundtable In Dauphin County To Discuss PA ABLE Program


Harrisburg, PA – Pennsylvania Treasurer Joe Torsella today hosted a discussion with Keystone Human Services, Susquehanna Service Dogs, families from within the disability community and legislators to discuss the Pennsylvania Achieving a Better Life Experience Act Savings Program (PA ABLE), which provides tax-advantaged savings accounts for individuals with qualified disabilities and their families.