Current through Pa Acts 2024-53, 2024-56 through 2024-111
Section 420.3 - Reports and hearings.(a) Budget estimates.--The joint underwriting association shall submit written estimates to the Secretary of the Budget as required of administrative departments, boards and commissions under section 615. Estimates shall be submitted from time to time as requested by the Governor, but in no event less than once every fiscal year.(b)Testimony.--The following shall apply:(1) Within 30 days after the submission of an estimate under subsection (a), an agent of the joint underwriting association shall appear at a public hearing of the Banking and Insurance Committee of the Senate and the Insurance Committee of the House of Representatives to testify about the estimate.(2) The joint underwriting association shall annually appear before the Appropriations Committee of the Senate and the Appropriations Committee of the House of Representatives to testify as to the fiscal status of the joint underwriting association and to make requests for appropriations.Added by P.L. TBD 2019 No. 15, § 7, eff. 6/28/2019.