The bill "In Receivership In Municipalities" aims to expand the powers, duties, and restrictions for municipalities under receivership. It intends to enhance oversight and management of financially distressed municipalities by granting additional authority to appointed receivers. The bill likely includes provisions outlining the specific actions allowed or forbidden for receivers, with an emphasis on improving financial stability and governance within struggling local governments. This legislation could have significant implications for how municipalities in financial distress are managed and could potentially lead to more effective interventions in addressing fiscal challenges at the local level.
2023-06-15: Referred to LOCAL GOVERNMENT
2024-06-05: Reported as committed
2024-06-05: First consideration
2024-06-05: Re-committed to RULES
2024-09-23: Re-reported as committed
2024-09-23: Laid on the table
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