General Assembly, associated agencies sit on $95 million in reserve funds

General Assembly, associated agencies sit on $95 million in reserve funds

The Legislative Audit Advisory commission released the audit of the General Assembly’s finances for FY 2016-2017, reporting that the legislature and its associated agencies have combined reserves of $95 million.

The reserves represent surpluses over the $325 million appropriated to the General Assembly in FY 2016-2017.
Wednesday, November 15, 2017/Author: Jason Gottesman
Categories: News and Views
Lawmakers introduce legislation to ban sexual misconduct non-disclosure agreements in Pennsylvania

Lawmakers introduce legislation to ban sexual misconduct non-disclosure agreements in Pennsylvania

A group of Democratic Senators led by Sen. Judy Schwank (D-Berks) on Wednesday announced the introduction of legislation aimed at banning the use of non-disclosure agreements in settlements of sexual misconduct allegations.

Wednesday, November 15, 2017/Author: Jason Gottesman
Categories: News and Views
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
Senate committee advances bill to bring more teeth to state's lobbyist disclosure law

Senate committee advances bill to bring more teeth to state's lobbyist disclosure law

The Senate State Government Committee Monday advanced a House-passed piece of legislation that would bring more teeth to the state’s lobbyist disclosure law.
Monday, November 13, 2017/Author: Jason Gottesman
Categories: News and Views
Gov. Wolf signs Administrative Code bill that changes state prison closure process

Gov. Wolf signs Administrative Code bill that changes state prison closure process

Gov. Tom Wolf last week signed the omnibus Administrative Code bill related to budget implementation and, among the changes incorporated in the legislation, is a provision that would change the process by which state prisons are closed.

Tuesday, November 7, 2017/Author: Jason Gottesman
Categories: News and Views
RSS
12345678910Last