A bill to help Pennsylvania's 27 officially distressed communities cope with mounting costs of arbitration settlements and awards received final legislative approval.

The House of Representatives on Thursday approved without debate a bill the Senate had approved the previous week by a 47-1 vote. Gov. Tom Corbett has said he would sign the bill, which municipal employee unions and the Pennsylvania League of Cities and Municipalities favor after the parties reached a compromise.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.