Pennsylvania · 2025-2026 Regular Session · Bill

HB 2647: An Act amending Title 7 (Banks and Banking) of the Pennsylvania Consolidated Statutes, providing for stablecoin licensing; imposing duties on the Department of Banking and Securities and the Banking and Securities Commission; and imposing penalties.

In committee Last action June 17, 2026: Referred to Commerce

Plain-language summary

HB 2647 is a bill introduced in the Pennsylvania House on June 17, 2026. According to its official title, it concerns: An Act amending Title 7 (Banks and Banking) of the Pennsylvania Consolidated Statutes, providing for stablecoin licensing; imposing duties on the Department of Banking and Securities and the Banking and Securities Commission; and imposing penalties. Primary sponsor: Scott Conklin (Democratic). It lists 1 additional sponsor. Most recent recorded action (June 17, 2026): Referred to Commerce.

Sponsors

Primary sponsor: Scott Conklin (Democratic). 1 co-sponsor.