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Corbett signs state takeover bill

Gov. Tom Corbett today signed legislation that authorizes him to declare a fiscal emergency and petition the Commonwealth Court to appoint a receiver to force the implementation of a recovery plan when third-class distressed cities fail to do so under the state’s Act 47 program.

Gov. Tom Corbett today signed legislation that authorizes him to declare a fiscal emergency and petition the Commonwealth Court to appoint a receiver to force the implementation of a recovery plan when third-class distressed cities fail to do so under the state's Act 47 program.

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