Kimberly D. Magrini

Kimberly D. Magrini

Ballard Spahr LLP

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Act 47: Pennsylvania Says Enough Is Enough. Or Is It?

Pennsylvania Governor Tom Corbett today signed House Bill 1773 (HB 1773) into law, significantly overhauling the Municipalities Financial Recovery Act, known as Act 47. Enacted in the 1980s to provide assistance to...more

11/3/2014 - Government-Guaranteed Loans Grants Municipalities New Legislation Tax Revenues

Illinois Passes Landmark Pension Reform

The Governor of Illinois last week signed into law legislation involving significant overhauls to the state’s pension system. The reform is intended to help stabilize both the pension system and the state's financial health...more

12/12/2013 - Credit Ratings Disclosure Requirements Pension Deficiencies Pensions SEC Securities Fraud Spending Cuts

PA Transportation Funding Bill Brings Unprecedented Investment to Infrastructure

Thursday night, the Pennsylvania General Assembly passed a comprehensive transportation bill to fund roads, bridges, mass transit, rail freight, ports, and airports over the next five years. Governor Tom Corbett is expected...more

11/25/2013 - Infrastructure Public Projects Public Transit

Pennsylvania Seeks To Expand P3s to Local Governments and School Districts

In 2012, Pennsylvania joined the growing list of states with legislation authorizing public-private partnership (P3) projects. Pennsylvania’s P3 legislation related specifically to transportation projects. Recently,...more

11/5/2013 - P3s Public-Private Partnerships School Districts

U.S. Senate Passes Water Resources Development Act

Hoping to address billions of dollars of necessary water infrastructure maintenance and improvements, the U.S. Senate passed the Water Resources Development Act (WRDA) on May 15, 2013....more

5/21/2013 - Proposed Legislation Water Water Infrastructure Finance and Innovation Act Water Resources Development Act

Water Infrastructure Loan Program Reintroduced in Congress

On February 25, Senator Jeff Merkley (D-Oregon) reintroduced legislation authorizing federal water infrastructure projects and creating a federal loan program modeled after the Transportation Infrastructure Finance and...more

3/5/2013 - Bonds FEMA Infrastructure Proposed Legislation Water Water Infrastructure Finance and Innovation Act

Can New Jersey Bank On the Infrastructure Bank?

The Northeast relies heavily on transportation for its day-to-day functions. Increasingly unpredictable climate changes, dense population, and rapidly aging infrastructure have made the ability to secure financial resources...more

2/12/2013 - Banks Department of Transportation Funding Funding Options Infrastructure Loans Natural Gas Repairs Transportation Expenses

Government Finance Officers Association Issues Guidelines For Pension Funding

As market regulators press for stricter reporting guidelines for state and local governments concerning pension disclosure in public offerings, the Government Finance Officers Association (GFOA) is advocating that funding...more

12/18/2012 - GASB GFOA MSRB Municipalities Pensions SEC

New Best Practices Released for Pension Obligation Disclosure

As the incidence of municipal fiscal stress continues to spread around the country, rating agencies, bond investors, public finance professionals, and market regulators are paying closer attention to public pension disclosure...more

11/15/2012

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