Public Act 44 of 2009

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• Introduced by Rep. Jewell Williams (D) on July 3, 2009, to permit the city of Philadelphia to: utilize a 30-year amortization period for its pension fund instead of a 20-year period; defer a portion of city pension contributions in fiscal year 2010 and fiscal year 2011; defer $150 million of over $447 million in city pension contributions in fiscal year 2010; defer $80 million of over $538 million in city pension contributions in fiscal year 2011; repay deferred amounts with interest in total by fiscal year 2014; repay the entire $230 million deferral amount in fiscal year 2013 and fiscal year 2014; pay 8.25 percent interest on the amounts deferred during fiscal year 2010 through fiscal year 2014; and increase the sales tax by 1 percent for five years and earmark revenue from the increase to city pension payments .
  • Referred to the House Appropriations Committee on July 3, 2009.
  • Referred to the House Rules Committee on July 6, 2009.
  • Referred to the House Appropriations Committee on July 7, 2009.
    • Reported in the House on July 30, 2009.
• Passed in the House (112 to 85) on August 5, 2009. [Vote Details and Comments]
• Received in the Senate on August 5, 2009.
  • Referred to the Senate Finance Committee on August 5, 2009.
    • Reported in the Senate on August 24, 2009.
  • Amendment offered by Sen. Patrick M. Browne (R) on August 26, 2009. The amendment passed in the Senate by voice vote on August 26, 2009.
• Passed in the Senate (38 to 9) on August 26, 2009, to permit the city of Philadelphia to: utilize a 30-year amortization period for its pension fund instead of a 20-year period; defer a portion of city pension contributions in fiscal year 2010 and fiscal year 2011; defer $150 million of over $447 million in city pension contributions in fiscal year 2010; defer $80 million of over $538 million in city pension contributions in fiscal year 2011; repay deferred amounts with interest in total by fiscal year 2014; repay the entire $230 million deferral amount in fiscal year 2013 and fiscal year 2014; pay 8.25 percent interest on the amounts deferred during fiscal year 2010 through fiscal year 2014; and increase the sales tax by 1 percent for five years and earmark revenue from the increase to city pension payments . [Vote Details and Comments]
• Received in the House on August 26, 2009.
  • Referred to the House Rules Committee on August 26, 2009.
    • Reported in the House on September 10, 2009.
• Passed in the House (113 to 76) on September 11, 2009, to permit the city of Philadelphia to: utilize a 30-year amortization period for its pension fund instead of a 20-year period; defer a portion of city pension contributions in fiscal year 2010 and fiscal year 2011; defer $150 million of over $447 million in city pension contributions in fiscal year 2010; defer $80 million of over $538 million in city pension contributions in fiscal year 2011; repay deferred amounts with interest in total by fiscal year 2014; repay the entire $230 million deferral amount in fiscal year 2013 and fiscal year 2014; pay 8.25 percent interest on the amounts deferred during fiscal year 2010 through fiscal year 2014; and increase the sales tax by 1 percent for five years and earmark revenue from the increase to city pension payments . [Vote Details and Comments]
• Received in the Senate on September 14, 2009.
  • Referred to the Senate Rules & Executive Nominations Committee on September 14, 2009.
• Passed in the Senate (32 to 17) on September 17, 2009, to permit the city of Philadelphia to: utilize a 30-year amortization period for its pension fund instead of a 20-year period; defer $150 million of over $447 million in city pension contributions in fiscal year 2010; defer $80 million of over $538 million in city pension contributions in fiscal year 2011; repay deferred amounts with interest in total by fiscal year 2014; repay the entire $230 million deferral amount in fiscal year 2013 and fiscal year 2014; pay 8.25 percent interest on the amounts deferred during fiscal year 2010 through fiscal year 2014; and increase the sales tax by 1 percent for five years and earmark revenue from the increase to city pension payments . [Vote Details and Comments]
• Signed by Gov. Edward G. Rendell on September 18, 2009.