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.
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