Maddy summaryThis bill establishes a formal regulatory framework in Pennsylvania for shared equity agreements, which are financial contracts where a provider gives a homeowner money in exchange for a stake in the property's future value. It directly affects financial institutions and investors offering these nonrecourse loans, requiring them to obtain a license from the Department of Banking and Securities to operate legally. The legislation defines specific terms like "shared equity provider" and outlines the duties of the state department to oversee these transactions, while also setting penalties for noncompliance. By creating new chapters in the state statutes, the bill aims to bring transparency and oversight to this growing area of residential finance without altering existing reverse mortgage rules.
Sen. Tim Kearney
Sponsored bills
Maddy summaryThis bill amends Pennsylvania's tax code to update rules for the historic preservation incentive tax credit program. It expands the definition of eligible taxpayers to include various business entities and tax-exempt organizations that own historic structures. The legislation also increases the maximum annual tax credit amount a single applicant can receive from $500,000 to $1.5 million while setting a new statewide annual cap of $20 million. Additionally, it requires the Department of Community and Economic Development to distribute these credits equitably across different regions of the state.
Maddy summarySB 1183 amends Pennsylvania's Charitable Solicitations Act to raise financial reporting thresholds for charitable organizations. It requires full audits for organizations receiving $1 million+ in annual contributions (up from $750,000), reviews/audits for those receiving $500,000-$1 million (up from $250,000-$750,000), and compilations/reviews for those receiving $150,000-$500,000 (up from $100,000-$250,000). Organizations with under $150,000 in annual contributions may choose whether to conduct any financial review. These changes apply to contributions received in calendar years after the bill's effective date.
Maddy summaryThis bill establishes a new paid family and medical leave program in Pennsylvania, creating a fund to support workers who need time off for family care or medical reasons. It requires employers to contribute to the program and sets rules for how long employees can take leave, how much money they receive, and what situations qualify for benefits, including care for family members with serious health conditions or recovery from domestic violence. The Department of Labor and Industry will administer the program, handle claims, and enforce rules, while employees have the right to take legal action if their rights are violated. The legislation also includes provisions for self-employed individuals to opt into the program and establishes an advisory board to guide program development.
Maddy summaryThis Senate Resolution designates June 10, 2026, as "Delco Day" in Pennsylvania to officially recognize the annual community event held in Delaware County. The bill highlights the event's purpose of raising funds for local charities, specifically noting the 2026 beneficiary, the HEADstrong Foundation, which supports cancer patients and their families. Additionally, the resolution honors several notable individuals from the county, including civil rights leader Ruth L. Bennett, comedian Tina Fey, and Olympic swimmer Brendan Hansen, to celebrate their contributions and legacy.
Maddy summaryThis Senate Resolution designates the week of June 8 through 14, 2026, as "Union Organizing Week" throughout Pennsylvania. The measure directly affects workers and employers by formally recognizing the historical efforts of employees who have fought for the right to organize and bargain collectively. The resolution highlights the benefits of unionization, such as improved workplace safety and fair wages, while acknowledging the challenges workers face during the organizing process. It serves as a commemorative gesture rather than establishing new legal requirements or changing existing labor laws.
Maddy summaryThis bill updates Pennsylvania's Child and Dependent Care Enhancement Tax Credit Program to align state tax credits with future changes in the federal tax code. It directly affects Pennsylvania taxpayers who claim credits for employment-related child and dependent care expenses by modifying how the credit amount is calculated. The legislation establishes a new "applicable percent" for tax years starting after December 31, 2025, ensuring the state credit matches the federal credit limits, which are set at $3,000 for one qualifying individual or $6,000 for two or more. By linking these two systems, the bill ensures that the state tax benefit remains consistent with federal rules for future taxable years.
Maddy summarySB 993 amends Pennsylvania laws to clarify and expand local government authority over veterans' memorials. It directly affects boroughs, third-class cities, and counties by requiring them to maintain, repair, and preserve existing memorials for war veterans, not just erect new ones. The bill specifies that these local governments must manage memorials on public property, including completing repairs and ensuring their upkeep, while also updating related corporate power provisions. This focuses on practical maintenance rather than new memorial construction.
Maddy summaryThis resolution formally recognizes June 19, 2026, as "Juneteenth National Freedom Day" within the state of Pennsylvania. The measure serves a commemorative purpose by acknowledging the historical significance of the date, which marks the day enslaved people in Texas learned of their freedom in 1865. It does not alter laws or create new policies but instead establishes an official state recognition of this African-American holiday.
Maddy summarySB 406 creates workplace health and safety committees at Pennsylvania meat packing and food processing facilities employing 100+ workers, directly affecting large facilities covered by meat hygiene laws or food safety regulations. It requires employers to provide language-appropriate safety training on health risks, workers' compensation rights, and committee details to new hires, and mandates paid training time. The bill establishes a workers' rights coordinator in the Department of Labor to oversee compliance and imposes penalties for violations. Employers must also cover out-of-pocket emergency medical transportation costs for work-related injuries requiring immediate care. The law aims to improve workplace safety through joint worker-management committees, regular hazard inspections, and clearer worker protections.