Pennsylvania legislation · 2025-2026 Regular Session
Pennsylvania HB2207: An Act amending Title 12 (Commerce and Trade) of the Pennsylvania Consolidated Statutes, in small business first, further providing for capital development loans.
Status: Passed one chamber, June 25, 2026
What the bill says
Amending Title 12 (Commerce and Trade) of the Pennsylvania Consolidated Statutes, in small business first, further providing for capital development loans.
From the introduced text, February 9, 2026:
Amending Title 12 (Commerce and Trade) of the Pennsylvania Consolidated Statutes, in small business first, further providing for capital development loans. The General Assembly of the Commonwealth of Pennsylvania hereby enacts as follows: Section 1. Section 2306(c)(1)(i) of Title 12 of the Pennsylvania Consolidated Statutes is amended to read: § 2306. Capital development loans. * * * (c) Authority review.-- (1) Within 30 days of receiving a recommendation and a completed application, the authority shall review the application. If the authority is satisfied that all requirements have been met, the authority may approve the loan request in accordance with the following: (i) A loan for land, buildings and machinery and equipment may not exceed [$400,000] $2,000,000 or 50% of the total capital development project costs, whichever is less. For the purposes of this subparagraph, capital development project costs incurred during the 12-month period prior to the date of submission of the application to the authority shall be considered part of the total capital development project costs. * * * Section 2. This act shall take effect in 60 days. 20260HB2207PN2901 - 2 -
Sponsors
- Paul Friel (D, 26) · primary sponsor
- John Lawrence (R, 13)
- Emily Kinkead (D, 20)
- Tarik Khan (D, 194)
- Christina Sappey (D, 158)
- Johanny Cepeda-Freytiz (D, 129)
- Mandy Steele (D, 33)
- Dan Williams (D, 74)
- Eddie Pashinski (D, 121)
- Christopher Pielli (D, 156)
- Melissa Shusterman (D, 157)
- Jeremy Shaffer (R, 28)
Latest actions
- : Referred to FINANCE, June 25, 2026
- : In the Senate
- : Third consideration and final passage, June 22, 2026 (202-0)
- : Re-reported as committed, June 22, 2026
- : Re-committed to APPROPRIATIONS, June 17, 2026
- : Second consideration, June 17, 2026
- : Re-reported as committed, June 17, 2026
- : Re-committed to RULES, June 8, 2026
- : First consideration, June 8, 2026
- : Reported as committed, June 8, 2026
Votes
- House Floor: HB2207, RC 1225 (June 22, 2026): 202 yea, 0 nay, passed
- House Appropriations: Re-report Bill As Committed (June 22, 2026): 37 yea, 0 nay, passed
- House Rules: Re-report Bill As Committed (June 17, 2026): 33 yea, 0 nay, passed
- House Commerce: Report Bill As Committed (June 8, 2026): 26 yea, 0 nay, passed
Subjects: COMMERCE
Common questions
- What is HB2207?
- HB2207 is a bill in the Pennsylvania Legislature (2025-2026 Regular Session): An Act amending Title 12 (Commerce and Trade) of the Pennsylvania Consolidated Statutes, in small business first, further providing for capital development loans.
- What does HB2207 do?
- In its own words: Amending Title 12 (Commerce and Trade) of the Pennsylvania Consolidated Statutes, in small business first, further providing for capital development loans.
- What is the status of HB2207?
- Passed one chamber as of June 25, 2026. Latest action: Referred to FINANCE, June 25, 2026 (June 25, 2026).
- Who sponsored HB2207?
- Paul Friel (D, 26), with 11 co-sponsors.
- Where is the official record for HB2207?
- On the Pennsylvania Legislature website: https://www.palegis.us/legislation/bills/2025/hb2207
Source: official Pennsylvania record. Tracked by Delilah, AI for legislation across all 50 states and Congress.