Pennsylvania SB1497: An Act amending Title 15 (Corporations and Unincorporated Associations) of the Pennsylvania Consolidated Statutes, in general provisions, further providing for definitions; in corporate powers, duties and safeguards, repealing provisions relating to general powers and providing for revocation and regrant of general powers; in limited liability companies, repealing provisions relating to powers and providing for revocation and regrant of powers; and making editorial changes.

What the bill says

Amending Title 15 (Corporations and Unincorporated Associations) of the Pennsylvania Consolidated Statutes, in general provisions, further providing for definitions; in corporate powers, duties and safeguards, repealing provisions relating to general powers and providing for revocation and regrant of general powers; in limited liability companies, repealing provisions relating to powers and providing for revocation and regrant of powers; and making editorial changes.

From the introduced text, October 26, 2026:

Amending Title 15 (Corporations and Unincorporated Associations) of the Pennsylvania Consolidated Statutes, in general provisions, further providing for definitions; in corporate powers, duties and safeguards, repealing provisions relating to general powers and providing for revocation and regrant of general powers; in limited liability companies, repealing provisions relating to powers and providing for revocation and regrant of powers; and making editorial changes. The General Assembly of the Commonwealth of Pennsylvania hereby enacts as follows: Section 1. Section 102(a) of Title 15 of the Pennsylvania Consolidated Statutes is amended by adding definitions to read: § 102. Definitions. (a) Defined terms.--Subject to additional or inconsistent definitions contained in subsequent provisions of this title that are applicable to specific provisions of this title, the following words and phrases when used in this title shall have, unless the context clearly indicates otherwise, the meanings given to them in this section: * * * "Ballot question activity." Paying, contributing or expending money or anything of value to support or oppose a ballot question. The term shall not include any bona fide news story, commentary or editorial distributed through the facilities of a broadcasting station or of any print, online or digital newspaper, magazine, blog or other periodical publication, except if the broadcasting, print, online or digital facility is owned or controlled by a political party, a …