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Bill > HB1423
PA HB1423
PA HB1423In receivership in municipalities, further providing for powers, duties and prohibited actions.
summary
Introduced
06/15/2023
06/15/2023
In Committee
09/23/2024
09/23/2024
Crossed Over
Passed
Dead
12/31/2024
12/31/2024
Introduced Session
2023-2024 Regular Session
Bill Summary
Amending the act of July 10, 1987 (P.L.246, No.47), entitled "An act empowering the Department of Community and Economic Development to assist municipalities in avoiding financial distress; declare certain municipalities as financially distressed; providing for the restructuring of debt of financially distressed municipalities; limiting the ability of financially distressed municipalities to obtain government funding; authorizing municipalities to participate in Federal debt adjustment actions and bankruptcy actions under certain circumstances; authorizing certain taxes; and providing for the disincorporation of municipalities and the establishment of unincorporated service districts," in receivership in municipalities, further providing for powers, duties and prohibited actions.
AI Summary
This bill amends the Municipalities Financial Recovery Act to modify the requirements for municipal approval of a distressed municipality's sale, lease, conveyance, or other disposition of its assets. Specifically, it requires the distressed municipality and receiver to obtain approval from 75% of the governing bodies of municipalities that have service agreements with or whose residents previously received water or sewer services from the distressed municipality. The approval must be in the form of a resolution adopted at a public meeting by a majority of the governing body members, and the result must be transmitted to the distressed municipality and receiver within 48 hours of the vote.
Committee Categories
Government Affairs
Sponsors (15)
Carol Kazeem (D)*,
Lisa Borowski (D),
Missy Cerrato (D),
Joe Ciresi (D),
Elizabeth Fiedler (D),
Roni Green (D),
Carol Hill-Evans (D),
John Lawrence (R),
Maureen Madden (D),
Danielle Otten (D),
Ben Sanchez (D),
Christina Sappey (D),
Melissa Shusterman (D),
Izzy Smith-Wade-El (D),
Ben Waxman (D),
Last Action
Laid on the table (on 09/23/2024)
Bill Topics
Government Operations
- ‐ Intergovernmental Relations
Local Government
- ‐ General Local Government
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://www.legis.state.pa.us/cfdocs/billinfo/bill_history.cfm?syear=2023&sind=0&body=H&type=B&bn=1423 | 06/15/2023 |
| BillText | https://www.legis.state.pa.us/cfdocs/legis/PN/Public/btCheck.cfm?txtType=PDF&sessYr=2023&sessInd=0&billBody=H&billTyp=B&billNbr=1423&pn=1599 | 06/15/2023 |
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