Official:Amending Chapter 19-200 of The Philadelphia Code, entitled "City Funds - Deposits, Investments, Disbursements," by establishing a process to select a bank or banks to receive City deposits to be used to meet City payroll expenses, under certain terms and conditions.
Sponsor: Councilmember Goode
Introduced: May 11, 2006
Signed: June 15, 2006
: Committee on Finance
Status: Signed into Law, step 4 of 4
This bill establishes a process for the City Treasurer to select banks to receive City deposits for payroll expenses.
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