Pennsylvania · 2025-2026 Regular Session · Bill

HB 2120: An Act amending Title 7 (Banks and Banking) of the Pennsylvania Consolidated Statutes, providing for licensing and regulation of shared equity providers and shared equity agreements and for duties of Department of Banking and Securities; and imposing penalties.

Passed one chamber Last action June 5, 2026: Referred to Banking & Insurance

Plain-language summary

HB 2120 is a bill introduced in the Pennsylvania House on January 7, 2026. According to its official title, it concerns: An Act amending Title 7 (Banks and Banking) of the Pennsylvania Consolidated Statutes, providing for licensing and regulation of shared equity providers and shared equity agreements and for duties of Department of Banking and Securities; and imposing penalties. Primary sponsor: Arvind Venkat (Democratic). It lists 20 additional sponsors. Most recent recorded action (June 5, 2026): Referred to Banking & Insurance.

Sponsors

Primary sponsor: Arvind Venkat (Democratic). 20 co-sponsors.