Bill placing PWSA under PUC oversight to be signed by Gov. Wolf

Bill placing PWSA under PUC oversight to be signed by Gov. Wolf

Legislation putting the Pittsburgh Water and Sewer Authority under the control of the Pennsylvania Utility Commission is heading to Gov. Tom Wolf for his signature.

After making its way through the legislative, which started in early June, House Bill 1490 sponsored by House Speaker Mike Turzai (R-Bradford Woods) and Rep. Harry Readshaw (D-Carrick) passed the full House Monday 189-5.
Monday, November 20, 2017/Author: Alanna Koll
Gov. Wolf pumps the brakes on PLCB borrowing effort as CFA moves forward with $1.5 billion monetization of Tobacco Settlement Fund dollars

Gov. Wolf pumps the brakes on PLCB borrowing effort as CFA moves forward with $1.5 billion monetization of Tobacco Settlement Fund dollars

The Commonwealth Financing Authority board on Tuesday unanimously adopted a resolution granting authority for staff to move forward with either a bond or sale of future revenues headed to the state’s Tobacco Settlement Fund in an amount not to exceed $1.5 billion.

 

That action, according to the Wolf administration, has allowed the governor to put the brakes on his pursuit of seeking $1.25 billion in up-front monetization of future General Fund transfers from the Pennsylvania Liquor Control Board.

Tuesday, November 14, 2017/Author: Jason Gottesman
Categories: News and Views
During 2018 budget address, Mayor Peduto asks state to remove Pittsburgh from Act 47 recovery status

During 2018 budget address, Mayor Peduto asks state to remove Pittsburgh from Act 47 recovery status

As part of his 2018 budget address Monday morning, Pittsburgh Mayor Bill Peduto said he is sending a letter to the Commonwealth seeking the removal of the city from Act 47 financially distressed status and ICA oversight, of which it’s been under since 2004.

In his message to Gov. Tom Wolf and the Department of Community and Economic Development Secretary Dennis Davin, Peduto laid out his plans to cement the fiscal reforms learned through the Act 47 process to protect the city from entering the distressed status again.
Monday, November 13, 2017/Author: Alanna Koll
Categories: Pittsburgh
Severance tax legislation will “get its day in court,” House leader says

Severance tax legislation will “get its day in court,” House leader says

Talked about more this budget cycle than in recent memory, a tax on Pennsylvania’s natural gas extracts has been a divisive issue for many different camps in the state’s General Assembly.

 

While a number of proposals have been seen as the lead concept that would apply revenue from a severance tax on a more universal statewide basis than under the current impact fee, no stand-alone proposal has progressed as far as Rep. Gene DiGirolamo’s (R-Bucks) House Bill 1401.

Tuesday, October 31, 2017/Author: Jason Gottesman
Categories: News and Views
Gov. Wolf talks broken Harrisburg, budget process at Press Club luncheon

Gov. Wolf talks broken Harrisburg, budget process at Press Club luncheon

Gov. Tom Wolf was the featured speaker at October’s Pennsylvania Press Club luncheon, where Harrisburg’s broken governmental and budget processes were his main topics of choice.

Monday, October 30, 2017/Author: Jason Gottesman
Categories: News and Views
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