Pennsylvania 2023-2024 Regular Session Status: In Committee 7 R cosponsors

SB 797 — An Act amending Title 13 (Commercial Code) of the Pennsylvania Consolidated Statutes, in general definitions and principles of interpretation, further providing for general definitions.

Last action — Referred to Banking & Insurance

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  1. ✓
    Introduced
  2. 2
    In Committee
  3. 3
    Passed Senate
  4. 4
    Passed House
  5. 5
    To Executive
  6. 6
    Enacted

This bill died with 2023-2024 Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.

Bill Text

How this bill changes current law

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The bill amends the definitions related to money and introduces a definition for central bank digital currency in Pennsylvania law.

  • 13 Pa.C.S. § 1201(b)(24)

    The term does not include a central bank digital currency.

    Removes the exclusion of central bank digital currency from the definition of money.

  • 13 Pa.C.S. § 1201

    (9.1) "Central bank digital currency." A digital currency, digital medium of exchange or digital monetary unit of account that is issued by the Federal Reserve System, a Federal agency, foreign government, foreign central bank or foreign reserve system and is made directly available to a consumer or processed or validated directly by the Federal Reserve System, Federal agency, foreign government, foreign central bank or foreign reserve system.

    Adds a new definition for central bank digital currency.

Action History

  1. Referred to Banking & Insurance

Sponsors

Sponsorship breakdown

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1 sponsors · 6 co-sponsors · 246 not signed on

Sponsors (1)

Co-sponsors (6)

Not signed on (246)

246 members have not signed on to this bill.

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"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

finance
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Frequently asked questions

Who sponsors SB 797?
SB 797 is sponsored by Doug Mastriano (Republican), Scott E. Hutchinson (Republican), Kristin Phillips-Hill (Republican), Daniel Laughlin (Republican), Wayne Langerholc (Republican), Judy Ward (Republican), and Cris Dush (Republican).
What is the current status of SB 797?
This bill died with 2023-2024 Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track SB 797?
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Last checked for changes 3 months ago · updated continuously

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