Pennsylvania · 2025-2026 Regular Session · Bill

SB 721: An Act amending Titles 24 (Education), 71 (State Government) and 72 (Taxation and Fiscal Affairs) of the Pennsylvania Consolidated Statutes, in membership, contributions and benefits, providing for supplemental annuity commencing 2025; in benefits, providing for supplemental annuity commencing 2025; providing for special funds and for disposition of Budget Stabilization Reserve Fund; establishing the Budget Stabilization Reserve Fund Interest Account; and making a repeal.

In committee Last action June 11, 2025: Referred to Finance

Plain-language summary

SB 721 is a bill introduced in the Pennsylvania Senate on June 11, 2025. According to its official title, it concerns: An Act amending Titles 24 (Education), 71 (State Government) and 72 (Taxation and Fiscal Affairs) of the Pennsylvania Consolidated Statutes, in membership, contributions and benefits, providing for supplemental annuity commencing 2025; in benefits, providing for supplemental annuity commencing 2025; providing for special funds and for disposition of Budget Stabilization Reserve Fund; establishing the Budget Stabilization Reserve Fund Interest Account; and making a repeal. Primary sponsor: Frank Farry (Republican). It lists 13 additional sponsors. Most recent recorded action (June 11, 2025): Referred to Finance.

Sponsors

Primary sponsor: Frank Farry (Republican). 13 co-sponsors.