The Financially Distressed Municipalities Act (Act of 1987, P.L. 246, No. 47), also known as Act 47, is a Pennsylvania statute outlining procedures to stabilize municipalities in Pennsylvania undergoing financial distress. The Act empowers the Pennsylvania Department of Community and Economic Development to declare certain municipalities as financially distressed. It provides for the restructuring of debt of financially distressed municipalities, limits the ability of financially distressed municipalities to obtain government funding; authorizes municipalities to participate in federal debt adjustment actions and bankruptcy actions under certain circumstances; and provides for consolidation or merger of contiguous municipalities to relieve financial distress.
Attributes | Values |
---|
rdf:type
| |
rdfs:label
| - Financially Distressed Municipalities Act (en)
|
rdfs:comment
| - The Financially Distressed Municipalities Act (Act of 1987, P.L. 246, No. 47), also known as Act 47, is a Pennsylvania statute outlining procedures to stabilize municipalities in Pennsylvania undergoing financial distress. The Act empowers the Pennsylvania Department of Community and Economic Development to declare certain municipalities as financially distressed. It provides for the restructuring of debt of financially distressed municipalities, limits the ability of financially distressed municipalities to obtain government funding; authorizes municipalities to participate in federal debt adjustment actions and bankruptcy actions under certain circumstances; and provides for consolidation or merger of contiguous municipalities to relieve financial distress. (en)
|
dcterms:subject
| |
Wikipage page ID
| |
Wikipage revision ID
| |
Link from a Wikipage to another Wikipage
| - Cambria County, Pennsylvania
- Schuylkill County, Pennsylvania
- Scranton, Pennsylvania
- Beaver County, Pennsylvania
- Berks County, Pennsylvania
- Blair County, Pennsylvania
- Braddock, Pennsylvania
- Dauphin County, Pennsylvania
- Debt restructuring
- Delaware County, Pennsylvania
- Homestead, Pennsylvania
- Johnstown, Pennsylvania
- Pennsylvania
- Debt adjustment
- Pennsylvania Department of Community and Economic Development
- Colwyn, Pennsylvania
- Geographic contiguity
- Clairton, Pennsylvania
- Franklin, Cambria County, Pennsylvania
- Municipality
- 1987 in Pennsylvania
- Lackawanna County, Pennsylvania
- 1987 in law
- Luzerne County, Pennsylvania
- Pike County, Pennsylvania
- West Hazleton, Pennsylvania
- Westfall Township, Pike County, Pennsylvania
- Wilkinsburg, Pennsylvania
- Law of Pennsylvania
- Local government in Pennsylvania
- Aliquippa, Pennsylvania
- Allegheny, Pennsylvania
- Allegheny County, Pennsylvania
- Altoona, Pennsylvania
- Ambridge, Pennsylvania
- Duquesne, Pennsylvania
- East Pittsburgh, Pennsylvania
- Erie, Pennsylvania
- Farrell, Pennsylvania
- Bankruptcy
- North Braddock, Pennsylvania
- Northumberland County, Pennsylvania
- Greenville, Pennsylvania
- Harrisburg, Pennsylvania
- Pennsylvania statutes
- Chester, Pennsylvania
- Lawrence County, Pennsylvania
- Pittsburgh
- Plymouth Township, Luzerne County, Pennsylvania
- Financial distress
- Public funding
- Mercer County, Pennsylvania
- Millbourne, Pennsylvania
- Nanticoke, Pennsylvania
- New Castle, Pennsylvania
- Rankin, Pennsylvania
- Reading, Pennsylvania
- Shamokin, Pennsylvania
- Shenandoah, Pennsylvania
|
Link from a Wikipage to an external page
| |
sameAs
| |
dbp:wikiPageUsesTemplate
| |
has abstract
| - The Financially Distressed Municipalities Act (Act of 1987, P.L. 246, No. 47), also known as Act 47, is a Pennsylvania statute outlining procedures to stabilize municipalities in Pennsylvania undergoing financial distress. The Act empowers the Pennsylvania Department of Community and Economic Development to declare certain municipalities as financially distressed. It provides for the restructuring of debt of financially distressed municipalities, limits the ability of financially distressed municipalities to obtain government funding; authorizes municipalities to participate in federal debt adjustment actions and bankruptcy actions under certain circumstances; and provides for consolidation or merger of contiguous municipalities to relieve financial distress. (en)
|
prov:wasDerivedFrom
| |
page length (characters) of wiki page
| |
foaf:isPrimaryTopicOf
| |
is rdfs:seeAlso
of | |
is Link from a Wikipage to another Wikipage
of | |