Pennsylvania Senate Bill 204 (Prior Session Legislation)

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Spectrum: Bipartisan Bill
Status: Introduced on February 5 2019 - 25% progression, died in committee
Action: 2019-02-05 - Referred to LOCAL GOVERNMENT
Pending: Senate Local Government Committee
Text: Latest bill text (Introduced) [PDF]

An Act amending Title 53 (Municipalities Generally) of the Pennsylvania Consolidated Statutes, in indebtedness and borrowing, further providing for definitions, for classification and authority to issue bonds and notes, for cost of project and for exclusion of other self-liquidating debt to determine net nonelectoral debt or net lease rental debt; in incurring debt and issuing bonds and notes, providing for preliminary filings with the department prior to the issuance of certain debt, further providing for ordinance authorizing issuance of bonds or notes or instruments evidencing lease rental debt, for small borrowing for capital purposes, for debt statement and for submission to department; in miscellaneous provisions, further providing for fees for filing, for certificate of approval of transcript, for effect of failure of timely action by department and for records of department and providing for duties of participants in transactions relating to incurring debt and issuing bonds and notes.

In indebtedness and borrowing, further providing for definitions, for classification and authority to issue bonds and notes, for cost of project and for exclusion of other self-liquidating debt to determine net nonelectoral debt or net lease rental debt; in incurring debt and issuing bonds and notes, providing for preliminary filings with the department prior to the issuance of certain debt, further providing for ordinance authorizing issuance of bonds or notes or instruments evidencing lease rental debt, for small borrowing for capital purposes, for debt statement and for submission to department; in miscellaneous provisions, further providing for fees for filing, for certificate of approval of transcript, for effect of failure of timely action by department and for records of department and providing for duties of participants in transactions relating to incurring debt and issuing bonds and notes.

Sen. John Blake [D]	Sen. Michael Folmer [R]	Sen. Giovanni DiSanto [R]	Sen. Judy Schwank [D]
Sen. Jay Costa [D]	Sen. Lisa Boscola [D]	Sen. Patrick Browne [R]

Date	Chamber	Action
2019-02-05	Senate	Referred to LOCAL GOVERNMENT

Type	Source
Summary	https://www.legis.state.pa.us/cfdocs/billinfo/bill_history.cfm?syear=2019&sind=0&body=S&type=B&bn=204
Text	https://www.legis.state.pa.us/cfdocs/legis/PN/Public/btCheck.cfm?txtType=PDF&sessYr=2019&sessInd=0&billBody=S&billTyp=B&billNbr=0204&pn=0177