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| THE GENERAL ASSEMBLY OF PENNSYLVANIA |
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| SENATE BILL |
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| INTRODUCED BY ERICKSON, RAFFERTY, PILEGGI, HUGHES, SCHWANK, BRUBAKER, SOLOBAY, YUDICHAK, FERLO, LEACH, FONTANA, BLAKE AND STACK, SEPTEMBER 28, 2011 |
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| REFERRED TO LOCAL GOVERNMENT, SEPTEMBER 28, 2011 |
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| AN ACT |
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1 | Amending Title 53 (Municipalities Generally) of the Pennsylvania |
2 | Consolidated Statutes, in municipal authorities, further |
3 | providing for purposes and powers. |
4 | The General Assembly of the Commonwealth of Pennsylvania |
5 | hereby enacts as follows: |
6 | Section 1. Section 5607(a) of Title 53 of the Pennsylvania |
7 | Consolidated Statutes is amended by adding a paragraph to read: |
8 | § 5607. Purposes and powers. |
9 | (a) Scope of projects permitted.--Every authority |
10 | incorporated under this chapter shall be a body corporate and |
11 | politic and shall be for the purposes of financing working |
12 | capital; acquiring, holding, constructing, financing, improving, |
13 | maintaining and operating, owning or leasing, either in the |
14 | capacity of lessor or lessee, projects of the following kind and |
15 | character and providing financing for insurance reserves: |
16 | * * * |
17 | (18) Storm water management planning and projects. |
18 | * * * |
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1 | Section 2. This act shall take effect in 60 days. |
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