New Pa. Bill Aims To Scrutinize Harrisburg Debt

Law360, New York (December 14, 2012, 4:49 PM EST) -- A Pennsylvania state senator has announced a legislative package seeking to investigate the city of Harrisburg's financial problems in the wake of a bungled incinerator project that saddled the city with more than $300 million in debt and pushed it into state receivership.

The package, announced Wednesday by state Sen. Mike Folmer, R-Lebanon County, follows two Pennsylvania senate hearings on the debts. If approved, it will allow for the investigation of financial transactions by Harrisburg and other municipal entities to determine if criminal proceedings are appropriate,...
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