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Bill > HB1720
PA HB1720
PA HB1720In auditors and accountants, further providing for completion, filing and publication of annual township report and financial statement.
summary
Introduced
07/14/2025
07/14/2025
In Committee
07/14/2025
07/14/2025
Crossed Over
Passed
Dead
Introduced Session
2025-2026 Regular Session
Bill Summary
Amending the act of May 1, 1933 (P.L.103, No.69), entitled "An act concerning townships of the second class; and amending, revising, consolidating and changing the law relating thereto," in auditors and accountants, further providing for completion, filing and publication of annual township report and financial statement.
AI Summary
This bill modifies the requirements for township auditors in completing and filing annual financial reports by extending key deadlines. Specifically, the bill changes the deadline for auditors to complete their annual audit from April 1st to the last day of June, and requires the board of auditors to file their report by the last day of June instead of within 90 days after the fiscal year closes. The bill also shifts the publication deadline for a summary of financial information from April 15th to July 15th, requiring townships to publish a concise financial statement in a local newspaper that includes total assets, liabilities, net position, revenue, expenses, and changes in net position. The township secretary must still ensure the full financial statements are available for public examination, and failure to file or publish the required financial report remains a summary offense. The changes will take effect 60 days after the bill's enactment, giving townships time to adjust to the new timelines.
Committee Categories
Government Affairs
Sponsors (6)
Bob Freeman (D)*,
Liz Hanbidge (D),
Lee James (R),
Brett Miller (R),
Christina Sappey (D),
Izzy Smith-Wade-El (D),
Last Action
Laid on the table (on 10/08/2025)
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