Posted: | January 27, 2017 10:39 AM |
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From: | Senator Mike Folmer and Sen. John P. Blake, Sen. John H. Eichelberger, Jr. |
To: | All Senate members |
Subject: | Bipartisan Municipal Debt Reform Package (Local Government Unit Debt Act) |
We plan to again introduce a bipartisan package to address financial transactions that led to the fiscal distress of Harrisburg, other municipalities, and school districts. More information on each individual piece of legislation is attached below in the respective memo. We thank you for your consideration of cosponsoring these important measures. If you have any questions, please feel free to contact any of our offices. |
Introduced as SB490
Description: | Local Government Debt Act Prime Sponsor: Senator Eichelberger Senate Bill 340 of the 2015-2016 Session (Passed Senate 50-0 on September 28, 2016) Previous Cosponsors: Eichelberger, Blake, Folmer, Teplitz, Vulakovich, Vance, Schwank, Boscola, Yudichak and Browne Please see attachment for details. |
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Introduced as SB491
Description: | Ethics Commission and Municipal Authorities Prime Sponsor: Senator Blake Senate Bill 341 of the 2015-2016 Session (Passed Senate 50-0 on September 28, 2016) Previous Cosponsors: Blake, Eichelberger, Folmer, Teplitz, Fontana, Farnese, Vulakovich, Vance, Yudichak, Schwank, Costa, Boscola, Rafferty and Browne Please see attachment for details. |
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Introduced as SB492
Description: | "Swaps" Restrictions Prime Sponsor: Senator Folmer Senate Bill 342 of the 2015-2016 Session Previous Cosponsors: Folmer, Blake, Eichelberger, Teplitz, Vulakovich, Vance, Yudichak, Schwank, Gordner, Boscola, Browne and Scavello Please see attachment for details. |
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Introduced as SB493
Description: | Performance Bonds and Municipal Debt Prime Sponsor: Senator Eichelberger Senate Bill 344 of the 2015-2016 Session (Passed Senate 50-0 on September 28, 2016) Previous Cosponsors: Eichelberger, Teplitz, Vulakovich, Vance, Schwank, Folmer, Boscola, Rafferty, Browne and Blake Please see attachment for details. |
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View Attachment | ||