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PA HB1221
Bill
Status
4/15/2025
Primary Sponsor
Seth Grove
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AI Summary
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Nonprofit corporations entering public-private partnerships with the Commonwealth via executive order must comply with Pennsylvania's Right-to-Know Law disclosure requirements
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Annual comprehensive financial reports following Governmental Accounting Standards Board principles must be submitted to the Governor's Office and General Assembly
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Purchases made to or on behalf of the Governor and other elected or appointed state officials must be disclosed on the nonprofit's public website within 10 business days
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Nonprofits in such partnerships must comply with the federal Sarbanes-Oxley Act (Public Law 107-204)
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The act takes effect 60 days after enactment
Legislative Description
In general provisions relating to partnerships and limited liability companies, providing for duties of nonprofit corporations in public-private partnerships with the Commonwealth.
Last Action
Referred to State Government
4/15/2025