![](data:image/svg+xml;base64,PD94bWwgdmVyc2lvbj0iMS4wIiBlbmNvZGluZz0iVVRGLTgiPz4KPHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHhtbG5zOnhsaW5rPSJodHRwOi8vd3d3LnczLm9yZy8xOTk5L3hsaW5rIiB3aWR0aD0iMTQ4Ny41cHQiIGhlaWdodD0iMTkyNXB0IiB2aWV3Qm94PSIwIDAgMTQ4Ny41IDE5MjUiIHZlcnNpb249IjEuMiI+CjxnIGlkPSJzdXJmYWNlNSI+CjwvZz4KPC9zdmc+Cg==)
before the Keystone Solvency Operating Study Commission and
provide financial analysis of other states considered
financially vulnerable.
Section 3. Definitions.
The following words and phrases when used in this act shall
have the meanings given to them in this section unless the
context clearly indicates otherwise:
"Commission." The Keystone Solvency Operating Study
Commission established under section 4.
"Commonwealth." The Commonwealth of Pennsylvania.
"Critical risk factor." Any element of risk of sufficient
magnitude which, if not dealt with, may negatively affect the
ability of the Commonwealth to continue to meet financial
obligations.
"PROMESA." The Puerto Rico Oversight, Management, and
Economic Stability Act (Public Law 114-187, 130 Stat. 549).
Section 4. Keystone Solvency Operating Study Commission.
(a) Establishment.--The Keystone Solvency Operating Study
Commission is established as a legislative commission for the
purpose of analyzing the economic conditions of the
Commonwealth, specifically unfunded obligations of school
districts, municipalities and public pension plans. The
commission shall consider unfunded postemployment benefits of
the Commonwealth to determine the impact on operations of other
financial commitments during periods of economic recession. The
study shall ensure that the priority of financial claims is
understood within the framework of the Constitution of
Pennsylvania. The commission shall be comprised of the following
members:
(1) One member appointed by the Governor.
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