Pennsylvania legislation · 2025-2026 Regular Session
Pennsylvania HB1989: 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.
Status: In committee, October 23, 2025
What the bill says
Amending Title 64 (Public Authorities and Quasi-Public Corporations) of the Pennsylvania Consolidated Statutes, in economic development financing, providing for Keystone National Finance Authority.
From the introduced text, October 23, 2025:
Amending Title 64 (Public Authorities and Quasi-Public Corporations) of the Pennsylvania Consolidated Statutes, in economic development financing, providing for Keystone National Finance Authority. The General Assembly of the Commonwealth of Pennsylvania hereby enacts as follows: Section 1. Part II of Title 64 of the Pennsylvania Consolidated Statutes is amended by adding a chapter to read: CHAPTER 17 KEYSTONE NATIONAL FINANCE AUTHORITY Subchapter A. General Provisions B. Structure and Powers C. Bonds SUBCHAPTER A GENERAL PROVISIONS Sec. 1701. Scope of chapter. 1702. Findings and declaration of policy. 1703. Definitions. § 1701. Scope of chapter. This chapter relates to the Keystone National Finance Authority. § 1702. Findings and declaration of policy. The General Assembly finds and declares as follows: (1) Activities which lead to the creation and retention of jobs in this Commonwealth and throughout the United States, the establishment of economically viable communities, the reuse of abandoned industrial, commercial and other previously utilized sites and the investment of private capital in enterprises improve the health, safety and general welfare of the people of this Commonwealth and the United States by increasing employment, revitalizing communities by reducing, eliminating and preventing blight and providing a source of additional revenue to the Commonwealth. (2) Many existing industrial, commercial and other economic activities throughout this Commonwealth and the United States could become more competitive and …
Sponsors
- Ryan Bizzarro (D, 3) · primary sponsor
- Martina White (R, 170)
- Nikki Rivera (D, 96)
- Tarah Probst (D, 189)
- Carol Hill-Evans (D, 95)
- Michael Schlossberg (D, 132)
- Nancy Guenst (D, 152)
- Benjamin Sanchez (D, 153)
- Patrick Gallagher (D, 173)
- Ed Neilson (D, HD-174)
- Heather Boyd (D, 163)
- David Delloso (D, 162)
Latest actions
- : Referred to FINANCE, Oct. 23, 2025
Subjects: FINANCE
Common questions
- What is HB1989?
- HB1989 is a bill in the Pennsylvania Legislature (2025-2026 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.
- What does HB1989 do?
- In its own words: Amending Title 64 (Public Authorities and Quasi-Public Corporations) of the Pennsylvania Consolidated Statutes, in economic development financing, providing for Keystone National Finance Authority.
- What is the status of HB1989?
- In committee as of October 23, 2025. Latest action: Referred to FINANCE, Oct. 23, 2025 (October 23, 2025).
- Who sponsored HB1989?
- Ryan Bizzarro (D, 3), with 11 co-sponsors.
- Where is the official record for HB1989?
- On the Pennsylvania Legislature website: https://www.palegis.us/legislation/bills/2025/hb1989
Source: official Pennsylvania record. Tracked by Delilah, AI for legislation across all 50 states and Congress.