Official:Amending Chapter 19-200 of The Philadelphia Code, entitled "City Funds - Deposits, Investments, Disbursements," by adding New Life Credit Union to the list of City depositories.
Sponsor: Councilmember Blackwell
Introduced: April 1, 2004
: Committee on Finance
Status: Lapsed
This bill was introduced in the 2004–2007 Council term and when that term ran out. The public record shows no committee vote and no floor vote at any stage, so no member of Council ever went on record for or against it.
That is not unusual here. Of the 8,465 bills introduced between 2000 and 2025, 1,624 lapsed without a single recorded vote. Ninety percent of bills that became law carry a roll call. Three percent of lapsed bills do. How this works.
This bill adds New Life Credit Union to the list of banks and institutions where Philadelphia's City Treasurer can deposit city funds.
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The bill
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