Bipartisan Municipal Debt Reform Package (Local Government Unit Debt Act)
January 27, 2017 10:39 AM to All Senate Members
Circulated By
Senator Mike Folmer
R Senate District 48
Along With
Sen. John Blake
D Senate District 22
Sen. John Eichelberger
R Senate District 30
Memo
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.
Legislation
Document 1 - Introduced as SB 490
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.
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.
Document 2 - Introduced as SB 491
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.
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.
Document 3 - Introduced as SB 492
"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.
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.
Document 4 - Introduced as SB 493
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.
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.
Last updated on January 27, 2017 10:42 AM
Bipartisan Municipal Debt Reform Package (Local Government Unit Debt Act)
January 27, 2017 10:39 AM to All Senate Members
Circulated By
FOLMER and BLAKE, EICHELBERGER
Memo
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.
Document 1
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.
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.
Introduced as SB 490
Document 2
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.
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.
Introduced as SB 491
Document 3
"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.
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.
Introduced as SB 492
Document 4
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.
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.
Introduced as SB 493
Last Updated
January 27, 2017 10:42 AM
Generated 05/18/2025 08:01 PM