HB 2347 Pennsylvania House · 2025-2026 Regular Session

An Act amending the act of April 9, 1929 (P.L.177, No.175), known as The Administrative Code of 1929, in energy development authority and emergency powers, redesignating the Energy Development Authority to the Energy Financing Authority; further providing for definitions, for Energy Development Authority, for annual report, for powers and duties and for authority indebtedness; and making editorial changes.

HB 2347 rebrands Pennsylvania's Energy Development Authority as the Energy Financing Authority and updates the legal definitions of 'project' and 'cost' within the state's Administrative Code. The bill clarifies that the authority can fund specific energy initiatives, such as renewable energy projects, infrastructure resilience improvements, and research into new energy technologies, provided these efforts cannot be adequately supported by private funding. Additionally, the legislation outlines the authority's powers and duties, establishes requirements for an annual report, and sets rules regarding the authority's ability to incur debt.
Bill status passed 3 of 5 stages cleared
Introduction
Apr 2026
Committee Review
May 2026
House Passage
May 2026
Senate Passage
Governor
Introduced Apr 8, 2026 Last action May 7, 2026
Maddy AI version diff · 1 comparison

What changed between versions

Printer's No. PN3143 Printer's No. PN3178 · 5 edits
MODERATE
This bill updates the Energy Development Authority to the Energy Financing Authority, renaming the organization and clarifying its legal status. It broadens the definition of eligible energy projects to include 'Indigenous Energy Resources' alongside coal and renewables. The bill also adjusts voting thresholds for approving financial assistance and extends the timeline for submitting annual reports to the General Assembly.
Scope change
The bill expands the scope of eligible projects to include Indigenous Energy Resources and formally redesigns the agency's name and legal identity.
DEFINITION

Renamed the 'Energy Development Authority' to the 'Energy Financing Authority' and updated references throughout the statute to reflect this change.

Expanded the definition of 'Project' to explicitly include 'Indigenous Energy Resources' in addition to coal and renewable energy resources.

REQUIREMENT

Changed the voting requirement for approving financial assistance from nine votes to seven votes on the board of directors.

Added new requirements for the Authority to publish an Energy Financing Plan, hold public hearings, and establish a specific funding fund.

TIMELINE

Extended the deadline for submitting the annual report from 120 days to 80 days after the fiscal year ends.

Floor votes · House May 4, 2026

How they voted

10695
Passed
Total votes 201
May 4, 2026
D Democratic102
102 Yea
100% Yea
R Republican99
4 Yea 95 Nay
95% Nay
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
10
Key actions
3
Committee
4
Amendments
1
May 7, 2026
Committee
Referred to Environmental Resources & Energy
upper
May 4, 2026
Lower · Passed
Third consideration and final passage
lower
May 4, 2026
Lower · Passed
Re-reported as committed
lower
Apr 29, 2026
Committee
Re-committed to Appropriations
lower
Apr 13, 2026
Lower · Passed
Reported as amended
lower
Apr 8, 2026
Committee
Referred to Energy
lower
1 primary · 26 co-sponsors

Sponsors