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Senate Bill 479 Printer's Number 504

PENNSYLVANIA, September 29 - PRINTER'S NO. 504

THE GENERAL ASSEMBLY OF PENNSYLVANIA

SENATE BILL

No.

479

Session of

2021

INTRODUCED BY HUTCHINSON, J. WARD, DUSH, SCHWANK AND KEARNEY,

MARCH 31, 2021

REFERRED TO LOCAL GOVERNMENT, MARCH 31, 2021

AN ACT

Amending the act of July 10, 1987 (P.L.246, No.47), entitled "An

act empowering the Department of Community and Economic

Development to assist municipalities in avoiding financial

distress; declare certain municipalities as financially

distressed; providing for the restructuring of debt of

financially distressed municipalities; limiting the ability

of financially distressed municipalities to obtain government

funding; authorizing municipalities to participate in Federal

debt adjustment actions and bankruptcy actions under certain

circumstances; authorizing certain taxes; and providing for

the disincorporation of municipalities and the establishment

of unincorporated service districts," in municipal financial

distress, further providing for designation and for

performance of coordinator; and, in receivership in

municipalities, further providing for receiver.

The General Assembly of the Commonwealth of Pennsylvania

hereby enacts as follows:

Section 1. Section 221 of the act of July 10, 1987 (P.L.246,

No.47), known as the Municipalities Financial Recovery Act, is

amended by adding subsections to read:

Section 221. Designation.

* * *

(f) Prohibitions.--The coordinator may not:

(1) Engage in any conduct prohibited by the act of July

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