This bill updates the provisions related to municipal employees' arbitration. It establishes the right of municipal employees to organize, negotiate, and bargain collectively with their employers. It also establishes a method of arbitration to settle disputes between employees and employers. The bill outlines the process for hearings and appeals in arbitration cases and adds new factors for arbitrators to consider when making decisions.

The bill aims to recognize the right of municipal employees to use interest arbitration and grants arbitrators the power to make decisions on all negotiated matters. It would take effect immediately upon passage.