Legislature sits on $118 million surplus

Legislature sits on $118 million surplus

As of June 30, 2016, the Pennsylvania General Assembly sat on a funding reserve of $118 million, a report from an independent auditor released Monday morning states.

 

The audit, performed by accounting firm Boyer & Ritter of Camp Hill for the price of $172,500 and accepted by the Legislative Audit Advisory Commission (LAAC) Monday shows that the legislative surplus—oft the aim of criticism over legislative transparency and money-hoarding—was down from the surplus of $126 million reported as of June 30, 2015, and nearly $90 million less than the surplus was just a decade ago.

Monday, March 20, 2017/Author: Jason Gottesman
Categories: News and Views

Rotunda Ramblings - Episode 38: PA Chamber

Our podcast this week features and interview with Sam Denisco, VP of Government Affairs for the PA Chamber of Business and Industry. We talk about Pennsylvania's business climate and their take on legislative issues as they relate to business. Also included is a rundown of the week's news.

Friday, March 17, 2017/Author: Jason Gottesman
Categories: Rotunda Ramblings
Rep. Grove continues charge against Philadelphia Beverage Tax

Rep. Grove continues charge against Philadelphia Beverage Tax

Rep. Seth Grove (R-York) has been a leading voice in Harrisburg circles pushing back against the Philadelphia Beverage Tax, and that voice was amplified this week with the Independent Fiscal Office releasing an analysis of the tax on state revenues requested by Rep. Grove.

 

According to Rep. Grove, he requested the review—and continues to push back against the city’s beverage tax—due to his belief that it is having a negative impact on the city’s economy, which could potentially affect state revenue and spending priorities.

Wednesday, March 15, 2017/Author: Jason Gottesman
House Appropriations Committee approves budget vehicle

House Appropriations Committee approves budget vehicle

The House Appropriations Committee Monday took the first in what is sure to be a series of long legislative steps to approving a FY 2017-2018 budget by unanimously approving and advancing vehicle legislation to the full House.

Monday, March 13, 2017/Author: Jason Gottesman
Categories: News and Views
Committee advances bill to study implementation of cross-state health insurance sales

Committee advances bill to study implementation of cross-state health insurance sales

The House Insurance Committee Monday took a step to advance legislation that would require the Pennsylvania Insurance Department to study how to best implement the legalization of selling health insurance policies across state lines.

Monday, March 13, 2017/Author: Jason Gottesman
Categories: News and Views
RSS
First567891011121314Last