Bill Number: SB 260
Subject: Emergency Manager
Sponsor: Betty Jean Alexander
MASA Position:
Description: Modifies the Local Financial Stability and Choice Act related to the authority of emergency managers to sell or transfer assets of a local government. The bill would prohibit the emergency manager appointed by the state to reform a financially failing local government or school district from selling property or borrowing money unless the entity’s elected body approves the sale or debt, and if they do not approve it, unless voters approve it. The bill would also prohibit emergency managers from renaming any facilities.
Position Notes:
Position Date:
Bill Status: Introduced (4/11/2019; Referred to Committee on Appropriations)
PA Number: NA
SB260 link