The House and Senate Finance Committees held a joint public hearing regarding the Independent Fiscal Office as proposed in Act 50 of 2009. Mary Soderberg, Secretary of the Office of the Budget, testified and said that the Independent Fiscal Office would be duplicating a variety of functions and is unnecessary. Robert Powell, Senior Advisor of Government Policy for Cansler Fuquay Solutions, Inc. discussed how South Carolina started its Fiscal Office and made several recommendations for how Pennsylvania can successfully implement the proposed Office. Check the PLS Capitol Toolbox later today for the full story.
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The committees held a joint hearing on the establishment of the Independent Fiscal Office. Chairman Pat Browne (R-Lehigh) said the Office would give members of the Legislature the “tools and powers to meet their Constitutional mandate.” He stressed that the Office would provide transparent and unbiased information and provide for fiscal stability, accountability and informed public debate. Check the PLS Capitol Toolbox later today to read the full story. The Senate Finance Committee this morning held the second in a series of hearings on the status of pensions. The committee heard an overview of the national situation from TIAA-CREF and then heard from retirees, who requested a COLA, and school administrators, who outlined the issues they are facing and offered solutions to mitigate those issues. Look for the complete story in the Capitol Toolbox later this afternoon. Posted by Kim Collins | Tags: pensions, PSERS, public pensions, SERS | Category: Public/Informational Committee Hearing, Senate Finance | Leave a comment | Share:
The Senate Finance Committee held the first in a series of hearings on the status of the public pension system in PA and solutions to mitigate the impending rate spike in 2012. The committee heard from SERS & PSERS, the school boards and PSEA. All agreed something has to be done, but just what that something is remains a mystery. Contribution rates are expected to spike over 30% in the next five years. Look for the complete story in the Capitol Toolbox later this afternoon, Posted by Kim Collins | Tags: pain management, pension spike, public pensions, wildlife conservation officers | Category: Public/Informational Committee Hearing, Senate Finance | Leave a comment | Share:
The Senate Finance Committee held a public hearing this afternoon to consider the nominations of the Honorable Joseph E. Gurzenda, Daniel G. Guydish, and James A. Zurick, Esq. to the State Tax Equalization Board. The committee asked for detailed description of the board’s duties and asked whether a uniform appraisal system needed to be implemented. All nominations were unanimously reported out of committee. Check the Capitol Toolbox later for the full story. Posted by PLS Intern | Category: Public/Informational Committee Hearing, Senate Finance | Leave a comment | Share:
The committee met to consider two bills. HB 1661 was reported as committed with Senate Pat Vance (R-Cumberland) and Senator John Eichelberger (R-Blair) voting in the negative. HB 1828 was unanimously reported as amended. Check the PLS Capitol Toolbox later today for the full story. The Senate Finance Committee held a second hearing on municipal pension issues and how to finance pensions. The committee heard from the city of Philadelphia, local government organizations, and the PA Economy League to learn about possible solutions to addressing pension issues. Among the proposals discussed were optional county sales taxes, HB 1828 for Philadelphia and HB 1884 and HB 1874, which are proposals proffered by PERC. Look for the complete story in the Capitol Toolbox later this afternoon. Posted by Kim Collins | Tags: legal advertising, MINI-COBRA, municipal pension, municipalities, pension reforms, Philadelphia | Category: Public/Informational Committee Hearing, Senate Finance | Comments are closed | Share:
The committee voted unanimously to report as committed SB 1042 amending the Fiscal Code further providing for the PA Emergency Management Agency. Check the Capitol Toolbox later for the full story. Posted by Jeff Cox | Tags: electricity, Fiscal Code, Mentored Youth Hunting Program, Pennsylvania Emergecny Management Agency | Category: Committee Voting Meeting, Senate Finance | Comments are closed | Share:
The committee met to consider three bills. SB 918 and SB 952 were unanimously reported as committed. SB 953 was unanimously reported as amended. Check the PLS Capitol Toolbox later today for the full story. The Senate Finance Committee met to consider several bills. SB 1 and SB 892 were reported as committed with Senator Jim Ferlo (D-Allegheny) voting in the negative. SB 112, SB 639, SB 778 and HB 1182 were all unanimously reported as committed. Check the Capitol Toolbox later for full details. Posted by Jason Gottesman | Tags: bleeding disorders, Budget, election districts, Finance | Category: Committee Voting Meeting, Senate Finance | Comments are closed | Share:
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