Bill Information

An Act providing for the provision of water, sewer and gas service to residents of first class cities in the most efficient manner and at the lowest possible cost; establishing an authority for that purpose; providing for its powers and duties; requiring the preparation of a financial and management audit; requiring the preparation of a five-year financial plan to be updated annually; transferring all assets of the Philadelphia Gas Commission and City Water Bureau to the newly created authority; empowering the authority to incur indebtedness and receive revenues; making provisions with respect to short-term and long-term borrowing; requiring all matters involving the authority to be under the jurisdiction of the Pennsylvania Public Utility Commission and providing jurisdiction for challenges to this act; and making repeals.