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PA HB509
Bill
Status
Introduced
2/5/2025
Primary Sponsor
Carol Kazeem
Click for details
AI Summary
- Amends the Municipalities Financial Recovery Act to require 75% approval from governing bodies of affected municipalities before a distressed municipality or authority can sell, lease, or dispose of water or sewer system assets
- Affected municipalities include those with service agreements or whose residents previously received water or sewer services from the distressed entity
- Approval must be in the form of a resolution adopted at a public meeting by majority vote of the governing body
- Affirmative vote results must be transmitted to the distressed municipality and receiver within 48 hours
- Takes effect 60 days after enactment
Legislative Description
In receivership in municipalities, further providing for powers, duties and prohibited actions.
Last Action
Referred to Local Government
2/5/2025
Committee Referrals
Local Government2/5/2025
Full Bill Text
No bill text available