House Co-Sponsorship Memoranda

Please join me in co-sponsoring my proposed legislation that requires the Commonwealth Financing Authority (CFA) to conduct business six times per year, on specific dates.

Current law requires the chairperson, a gubernatorial appointee, to schedule meetings of the board. During the last nine years, meetings of the CFA have been delayed or canceled, for extended timeframes, on five separate occasions. Such delays are problematic for everyone involved in project planning and development, right down to our residents who will benefit from proposed economic development.

My bill requires the board to meet on the second Tuesday of the months of January, March, May, July September and November. The chairman would still have the flexibility to call meetings more frequently than this as needed.

Should you wish to co-sponsor this legislation, please do so no later than the close of business on Thursday, March 28, 2019, because the legislation will be introduced on Friday, March 29, 2019.