Establishes the Keystone Solvency Operating Study Commission to analyze Pennsylvania's financial risks and solvency concerns.
The Keystone Solvency Operating Study Commission Act establishes a commission to analyze Pennsylvania's economic conditions, focusing on unfunded obligations of school districts, municipalities, and public pension plans. The commission will assess financial risks, develop cash flow projections, and determine critical risk factors. It will also analyze the financial insolvencies of other states to understand potential impacts on Pennsylvania. The commission will submit a report to the Governor and the General Assembly within 12 months, after which it will expire.
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- Core Provisions
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- Legal Framework
- Critical Issues
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