PA HB2480 | 2019-2020 | Regular Session

Status

Spectrum: Moderate Partisan Bill (Republican 4-1)
Status: Introduced on May 4 2020 - 25% progression, died in committee
Action: 2020-05-04 - Referred to FINANCE
Pending: House Finance Committee
Text: Latest bill text (Introduced) [PDF]

Summary

An Act implementing the provisions of clause (1) of subsection (a) of section 7 of Article VIII of the Constitution of the Commonwealth of Pennsylvania authorizing the incurring of debt for the rehabilitation of areas of this Commonwealth affected by the COVID-19 disaster emergency; imposing duties upon the Governor, the Auditor General and State Treasurer; prescribing the procedures for the issuance, sale and payment of general obligations bonds, the funding of debt and refunding of bonds; exempting bonds from State and local taxation; establishing certain funds; providing for allocation of proceeds and for a legislative COVID-19 disaster oversight committee; and making appropriations.

Tracking Information

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Title

Implementing the provisions of clause (1) of subsection (a) of section 7 of Article VIII of the Constitution of the Commonwealth of Pennsylvania authorizing the incurring of debt for the rehabilitation of areas of this Commonwealth affected by the COVID-19 disaster emergency; imposing duties upon the Governor, the Auditor General and State Treasurer; prescribing the procedures for the issuance, sale and payment of general obligations bonds, the funding of debt and refunding of bonds; exempting bonds from State and local taxation; establishing certain funds; providing for allocation of proceeds and for a legislative COVID-19 disaster oversight committee; and making appropriations.

Sponsors


History

DateChamberAction
2020-05-04HouseReferred to FINANCE

Pennsylvania State Sources


Bill Comments

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