PRIOR PRINTER'S NO. 1385
PRINTER'S NO. 1842
THE GENERAL ASSEMBLY OF PENNSYLVANIA
HOUSE BILL
No.
1294
Session of
2021
INTRODUCED BY MASSER, MATZIE, HILL-EVANS, RIGBY, JAMES, MERSKI,
SCHLOSSBERG, WHEELAND AND SAINATO, APRIL 27, 2021
AS REPORTED FROM COMMITTEE ON LOCAL GOVERNMENT, HOUSE OF
REPRESENTATIVES, AS AMENDED, JUNE 16, 2021
AN ACT
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 municipal financial
distress, FURTHER PROVIDING FOR CONTENTS OF PLAN AND
providing for municipal assistance.
The General Assembly of the Commonwealth of Pennsylvania
hereby enacts as follows:
Section 1. Chapter 2 of the act of July 10, 1987 (P.L.246,
No.47), known as the Municipalities Financial Recovery Act, is
amended by adding a subchapter to read:
SECTION 1. SECTION 241(10) OF THE ACT OF JULY 10, 1987
(P.L.246, NO.47), KNOWN AS THE MUNICIPALITIES FINANCIAL RECOVERY
ACT, IS AMENDED TO READ:
SECTION 241. CONTENTS.
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