SB 1307 Pennsylvania Senate · 2023-2024 Regular Session

An Act amending Title 64 (Public Authorities and Quasi-Public Corporations) of the Pennsylvania Consolidated Statutes, in economic development financing, providing for Keystone National Finance Authority.

This bill establishes the Keystone National Finance Authority within Pennsylvania to support economic development through financing. It requires the authority's financial statements to be audited by a professional accountant following standard auditing practices. Additionally, the bill changes how major decisions are made, requiring approval from two-thirds of the board members, including at least four who were appointed by the governor. These changes aim to ensure stricter financial oversight and a higher level of consensus for significant actions taken by the new authority.
Bill status in committee 1 of 4 stages cleared
Introduction
Sep 2024
Committee Review
Floor Vote
Governor
Introduced Sep 10, 2024 Last action Oct 7, 2024
Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
5
Key actions
1
Committee
2
Amendments
1
Oct 7, 2024
Committee
Re-referred to Appropriations
upper
Oct 1, 2024
Upper · Passed
Reported as amended
upper
Sep 10, 2024
Committee
Referred to Finance
upper
0 primary · 5 co-sponsors

Sponsors

No sponsor information available.