The Most Important California Bill You've Never Heard Of

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    NEWSLETTERS

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    John Moorlach, the accountant who predicted the 1994 Orange County bankruptcy sees Up to 10 Municipal Bankruptcies in Coming Year.

    You probably haven't heard of Assembly Bill 155. It's a measure that would seem obscure -- whether the state should have to sign off before a city or county declares bankruptcy. But it's spawned a big fight in Sacramento.

    Read the full article here.