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 112 to 85 in the House on August 5, 2009.
  Who Voted "Yes" and Who Voted "No"
• 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 by voice vote in the Senate on August 26, 2009.
• Passed 38 to 9 in the Senate 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.
  Who Voted "Yes" and Who Voted "No"
• 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 113 to 76 in the House 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.
  Who Voted "Yes" and Who Voted "No"
• Received in the Senate on September 14, 2009.
  • Referred to the Senate Rules & Executive Nominations Committee on September 14, 2009.
• Passed 32 to 17 in the Senate 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.
  Who Voted "Yes" and Who Voted "No"
• Signed by Gov. Edward G. Rendell on September 18, 2009.