Senate of Pennsylvania
SENATE DEMOCRATIC WRAP-UP FOR
THE WEEK OF
December 8, 2003
The
Senate this week unanimously passed House Bill 85, which extends the
amortization period for the state’s two biggest pension funds (State Employees
and Public School Employees) from 10 years to 30 years.
Over
the next three years, the measure is expected to save school district $1.7
billion, and the Commonwealth $2.3 billion.
The
bill also amends Title 24 (Education) to designate an actuarial cost method to
calculate the total amount employers must contribute to the retirement funds of
Pennsylvania’s education system employees.
The
measure also amends Title 71 (State Government) to allow state employees
appointed to the position of bail commissioner of the Philadelphia Municipal
Court to elect a Class E-2 service credit.
The Governor has signed the bill into law (Act 40 of 2003).
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By a
48-1 vote, the Senate approved House Bill 521, which would amend the
Keystone Opportunity Zone and Keystone Opportunity and Expansion Zone Act in
Title 12 of the Pennsylvania Consolidated Statutes.
The
amendments outline criteria for the application, review and authorization of
keystone opportunity zones, keystone opportunity expansion zones and keystone
opportunity improvement zones.
Other
changes to the act would include: an extension of the application and
designation deadlines for enhancing existing subzones and expansion subzones;
and a listing of requirements for tax exemption, business relocation and the
apportionment of taxable income to subzones.
The
Keystone Opportunity Zone and Keystone Opportunity and Expansion Zone Act
provide tax relief to designated areas to spur economic development, stimulate
industrial, commercial and residential improvements and prevent the
deterioration of the state’s land and infrastructure.
The
bill now returns to the House for consideration of Senate amendments.
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By a 48-1 vote, the Senate approved House Bill 545, which would
amend the County Pension Law to change vesting rights and provide additional
class options for county employees.
House Bill 545 would allow county employees to become “vested” after
5 years of service instead of 8, as mandated in the current law. By becoming
“vested,” a county employee who has accumulated the required years of
employment but decides to end county service could keep retirement contributions
and interest in the county retirement fund. These contributions would accrue
additional interest until the employee retires.
The
legislation would also authorize county retirement boards to establish a
one-fiftieth employment class or a one-fortieth employment class. Each new class
of members would be required to contribute 9 percent of their gross income to
the retirement fund.
The bill now goes to the Governor.
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The
bill now returns to the House for concurrence in Senate amendments.
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Along
party lines, the Senate Passed House Bill 88, which creates a list of
“vocational experts” who decide how much an injured worker can
collect on Worker’s Compensation.
Democrats
opposed the bill because it provided no assurance to workers that the expert has
no connection with insurance companies. A
Democratic amendment took some of the sting out of the bill by requiring that
the experts abide by a code of conduct.
The
bill now goes to the House for concurrence.
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The Senate unanimously approved Senate Bill 876, which would allow
non-profit associations and non-profit corporations that are created to acquire
property for the preservation, conservation and stewardship of open space, to be
exempt from bidding requirements.
The
bill has now been referred to the House Local Government Committee.
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The
Senate unanimously approved Senate Bill 970, which would amend Title 53
(Municipalities Generally) to enable the retroactive revival of an expired
authority for a specific term.
A
municipal statement of revival is created in this legislation. Properly executed
revival statements must be filed with the Secretary of the Commonwealth within
five years of its tem of expiration.
The
bill now goes to the House Local Government Committee
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The
Senate unanimously approved House Bill 1000, which would provide
reciprocal licenses for qualified out-of-state real estate licensees. Currently
35 other states offer reciprocal licenses.
The
amended bill now returns to the House.