PRINTER'S NO. 2153
No. 1729 Session of 1997
INTRODUCED BY KAISER, READSHAW, TIGUE, STEVENSON, WOJNAROSKI, ITKIN, TRELLO, MARKOSEK, VAN HORNE, BELFANTI, SEYFERT, JAMES, ROSS, YOUNGBLOOD, HALUSKA, WALKO AND BOSCOLA, AUGUST 1, 1997
REFERRED TO COMMITTEE ON LOCAL GOVERNMENT, AUGUST 1, 1997
AN ACT 1 Amending the act of May 2, 1945 (P.L.382, No.164), entitled "An 2 act providing for the incorporation as bodies corporate and 3 politic of 'Authorities' for municipalities, counties and 4 townships; prescribing the rights, powers and duties of such 5 Authorities heretofore or hereafter incorporated; authorizing 6 such Authorities to acquire, construct, improve, maintain and 7 operate projects, and to borrow money and issue bonds 8 therefor; providing for the payment of such bonds, and 9 prescribing the rights of the holders thereof; conferring the 10 right of eminent domain on such Authorities; authorizing such 11 Authorities to enter into contracts with and to accept grants 12 from the Federal Government or any agency thereof; and 13 conferring exclusive jurisdiction on certain courts over 14 rates," repealing a provision relating to investment of 15 authority funds. 16 The General Assembly of the Commonwealth of Pennsylvania 17 hereby enacts as follows: 18 Section 1. Section 7.1D of the act of May 2, 1945 (P.L.382, 19 No.164), known as the Municipality Authorities Act of 1945, is 20 repealed. 21 Section 2. This act shall take effect in 60 days. E16L64DMS/19970H1729B2153