Pennsylvania 2025_0 Regular Session Status: Passed House 9 D cosponsors

HB 2499 — An Act amending the act of June 2, 1915 (P.L.736, No.338), known as the Workers' Compensation Act, in State Workers' Insurance Fund, further providing for investments by board.

Last action — Referred to LABOR AND INDUSTRY, July 9, 2026

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

This bill has passed the House. Introduced May 08, 2026. It now moves to the second chamber.

Next likely step: consideration and a floor vote in the Senate.

Prognosis

Advancing 58% · moderate confidence

Where this bill stands today.

Odds of enactment

Moderate

How often bills like it became law.

  • Passed House

    Current position in the legislative process.

  • 9 sponsors

    1 primary, 8 co-sponsors signed on.

  • Single-party support

    Sponsorship is currently within one party (9 D).

  • Cleared a recorded vote

    Passed 1 recorded vote so far.

Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.

In plain language

The bill modifies investment authority for the State Workers' Insurance Fund.

This legislation updates how the board governing the State Workers' Insurance Fund can make investments. It aims to enhance the investment strategies and oversight for the fund.

What this means for you
  • Workers: This may influence the financial stability of the workers' compensation benefits you rely on.

Summary

State Workers' Insurance Fund Investment Authority

Bill Text

What changed in the latest version

20 added · 24 removed

Plain-language change summary

The revised version of HB 2499 now specifies that investments made under the bill must follow the "Prudent Investor Rule," which is designed to ensure that investments are managed wisely and in the best interest of the public fund. This change adds an important layer of accountability to how the State Treasurer manages these investments. It matters because it aims to protect taxpayer money by promoting more careful and responsible investment practices. Additionally, the language clarifying who oversees the investment process has also been updated to use gender-neutral terminology for the State Treasurer.

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PRIOR PRINTER'S NO.
PRINTER'S NO.
3384 PRINTER'S NO.
3384 THE GENERAL ASSEMBLY OF PENNSYLVANIA HOUSE BILL Session of No.
3559 THE GENERAL ASSEMBLY OF PENNSYLVANIA HOUSE BILL Session of No.
2499 2026 INTRODUCED BY KOSIEROWSKI, ISAACSON, WAXMAN, SANCHEZ, GUZMAN AND D.
2499 2026 INTRODUCED BY KOSIEROWSKI, ISAACSON, WAXMAN, SANCHEZ, GUZMAN, D.
WILLIAMS, MAY 8, 2026 REFERRED TO COMMITTEE ON LABOR AND INDUSTRY, MAY 8, 2026 AN ACT Amending the act of June 2, 1915 (P.L.736, No.338), entitled "An act defining the liability of an employer to pay damages for injuries received by an employe in the course of employment;
WILLIAMS, INGLIS AND NEILSON, MAY 8, 2026 AS REPORTED FROM COMMITTEE ON LABOR AND INDUSTRY, HOUSE OF REPRESENTATIVES, AS AMENDED, JUNE 9, 2026 AN ACT Amending the act of June 2, 1915 (P.L.736, No.338), entitled "An act defining the liability of an employer to pay damages for injuries received by an employe in the course of employment;
providing thereunder;
providing procedure for the determination of liability and compensation Insurance Fund, further providing for investments by board.
and prescribing penalties," in State Workers'tion Insurance Fund, further providing for investments by board.
INVESTMENTS SHALL BE MADE SUBJECT TO THE <-- PRUDENT INVESTOR RULE AS PROVIDED FOR UNDER 20 PA.C.S.
§ 7203 (RELATING TO PRUDENT INVESTOR RULE).
20260HB2499PN3559 - 2 -
20260HB2499PN3384 - 2 -
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How this bill changes current law

1 change Share ↗

Compared against the Pennsylvania Consolidated Statutes as published AI-generated reading aid — verify against the official bill.

The bill amends the Workers' Compensation Act to allow equity investments by the State Workers' Insurance Fund under the prudent investor rule.

  • Section 1512

    [.] → and, notwithstanding section 1731-A of the act of April 9, 1929 (P.L.343, No.176), known as The Fiscal Code, section 504 of the act of November 30, 1965 (P.L.847, No.356), known as the Banking Code of 1965, sections 922 and 922.1 of the former act of December 14, 1967 (P.L.746, No.345), known as the Savings Association Code of 1967, and any other provision of law, may invest up to twenty per centum of any of the fund's assets in equity investments. INVESTMENTS SHALL BE MADE SUBJECT TO THE PRUDENT INVESTOR RULE AS PROVIDED FOR UNDER 20 PA.C.S. § 7203 (RELATING TO PRUDENT INVESTOR RULE)

    This change specifies that the board can invest in equity investments and must adhere to the prudent investor rule when doing so.

Action History

  1. Referred to LABOR AND INDUSTRY, July 9, 2026

  2. In the Senate

  3. (Remarks see House Journal Page ), June 30, 2026

  4. Third consideration and final passage, June 30, 2026 (173-29)

  5. Re-reported as committed, June 30, 2026

  6. Re-committed to APPROPRIATIONS, June 29, 2026

  7. Second consideration, June 29, 2026

  8. Re-reported as committed, June 29, 2026

  9. Re-committed to RULES, June 9, 2026

  10. First consideration, June 9, 2026

  11. Reported as amended, June 9, 2026

  12. Referred to LABOR AND INDUSTRY, May 8, 2026

Sponsors

Sponsorship breakdown

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1 sponsors · 8 co-sponsors · 244 not signed on · 29 voted No

Sponsors (1)

Co-sponsors (8)

Not signed on (244)

244 members have not signed on to this bill.

Show all 244 →

"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

Votes

FINAL PASSAGE

Passed 173 Yea · 29 Nay
Party YeaNayPresentNot Voting
Democratic 102000
Republican 712900
Total 1732900
% of votes cast 86%14%0%0%
How each member voted (202)
Member Party Vote
Abigail Salisbury Democratic Yea
Aerion Abney Democratic Yea
Amen Brown Democratic Yea
Ana Tiburcio Democratic Yea
Andre D. Carroll Democratic Yea
Anita Astorino Kulik Democratic Yea
Anthony A. Bellmon Democratic Yea
Arvind Venkat Democratic Yea
Ben Waxman Democratic Yea
Benjamin V. Sanchez Democratic Yea
Brandon J. Markosek Democratic Yea
Brian Munroe Democratic Yea
Bridget M. Kosierowski Democratic Yea
Carol Hill-Evans Democratic Yea
Carol Kazeem Democratic Yea
Chris Pielli Democratic Yea
Christina D. Sappey Democratic Yea
Christopher M. Rabb Democratic Yea
Dan Frankel Democratic Yea
Dan Goughnour Democratic Yea
Dan K. Williams Democratic Yea
Daniel J. Deasy Democratic Yea
Danielle Friel Otten Democratic Yea
Danilo Burgos Democratic Yea
Darisha K. Parker Democratic Yea
Dave Madsen Democratic Yea
David M. Delloso Democratic Yea
Ed Neilson Democratic Yea
Eddie Day Pashinski Democratic Yea
Elizabeth Fiedler Democratic Yea
Emily Kinkead Democratic Yea
Frank Burns Democratic Yea
G. Roni Green Democratic Yea
Gina H. Curry Democratic Yea
Greg Scott Democratic Yea
Greg Vitali Democratic Yea
Heather Boyd Democratic Yea
Ismail Smith-Wade-El Democratic Yea
Jacklyn Rusnock Democratic Yea
Jared G. Solomon Democratic Yea
Jason Dawkins Democratic Yea
Jeanne McNeill Democratic Yea
Jen Mazzocco Democratic Yea
Jennifer O'Mara Democratic Yea
Jessica Benham Democratic Yea
Jim Haddock Democratic Yea
Jim Prokopiak Democratic Yea
Joanna E. McClinton Democratic Yea
Joe Ciresi Democratic Yea
Joe McAndrew Democratic Yea
Joe Webster Democratic Yea
Johanny Cepeda-Freytiz Democratic Yea
John C. Inglis III Democratic Yea
Jordan A. Harris Democratic Yea
Jose Giral Democratic Yea
Joseph C. Hohenstein Democratic Yea
Justin C. Fleming Democratic Yea
Keith S. Harris Democratic Yea
Kristine C. Howard Democratic Yea
Kyle Donahue Democratic Yea
Kyle J. Mullins Democratic Yea
La'Tasha D. Mayes Democratic Yea
Leanne Krueger Democratic Yea
Lindsay Powell Democratic Yea
Lisa A. Borowski Democratic Yea
Liz Hanbidge Democratic Yea
Malcolm Kenyatta Democratic Yea
Mandy Steele Democratic Yea
Manuel Guzman Democratic Yea
Mary Jo Daley Democratic Yea
MaryLouise Isaacson Democratic Yea
Matthew D. Bradford Democratic Yea
Maureen E. Madden Democratic Yea
Melissa Cerrato Democratic Yea
Melissa L. Shusterman Democratic Yea
Michael H. Schlossberg Democratic Yea
Morgan Cephas Democratic Yea
Nancy Guenst Democratic Yea
Napoleon J. Nelson Democratic Yea
Nathan Davidson Democratic Yea
Nikki Rivera Democratic Yea
Pat Gallagher Democratic Yea
Patrick J. Harkins Democratic Yea
Paul Friel Democratic Yea
Paul Takac Democratic Yea
Perry S. Warren Democratic Yea
Peter Schweyer Democratic Yea
Regina G. Young Democratic Yea
Rick Krajewski Democratic Yea
Robert E. Merski Democratic Yea
Robert F. Matzie Democratic Yea
Robert Freeman Democratic Yea
Ryan A. Bizzarro Democratic Yea
Scott Conklin Democratic Yea
Sean Dougherty Democratic Yea
Steve Samuelson Democratic Yea
Steven R. Malagari Democratic Yea
Tarah Probst Democratic Yea
Tarik Khan Democratic Yea
Tim Brennan Democratic Yea
Tim Briggs Democratic Yea
Tina M. Davis Democratic Yea
Aaron Bernstine Republican Yea
Abby Major Republican Yea
Alec J. Ryncavage Republican Yea
Andrea C. Verobish Republican Yea
Andrew Kuzma Republican Yea
Ann Flood Republican Yea
Barbara Gleim Republican Nay
Brad Roae Republican Yea
Brenda M. Pugh Republican Yea
Brett R. Miller Republican Yea
Brian C. Rasel Republican Yea
Brian Smith Republican Nay
Bryan Cutler Republican Yea
Bud Cook Republican Yea
Carl Walker Metzgar Republican Nay
Catherine I Wallen Republican Yea
Chad G. Reichard Republican Yea
Charity Grimm Krupa Republican Nay
Clint Owlett Republican Yea
Craig T. Staats Republican Yea
Craig Williams Republican Yea
Dallas Kephart Republican Nay
Dan Moul Republican Yea
Dane Watro Republican Yea
David H. Rowe Republican Yea
David H. Zimmerman Republican Nay
David M. Maloney Republican Nay
Donna Scheuren Republican Yea
Doyle Heffley Republican Yea
Eric Davanzo Republican Yea
Eric J. Weaknecht Republican Nay
Eric R. Nelson Republican Yea
Gary W. Day Republican Yea
George H Margetas Republican Nay
Jack Rader Republican Yea
Jacob D. Banta Republican Nay
James B. Struzzi Republican Yea
Jamie Barton Republican Yea
Jamie L. Flick Republican Yea
Jamie Walsh Republican Nay
Jason Ortitay Republican Yea
Jeff Olsommer Republican Nay
Jeremy Shaffer Republican Yea
Jesse Topper Republican Yea
Jill N. Cooper Republican Yea
Jim Rigby Republican Yea
Joanne Stehr Republican Nay
Joe Emrick Republican Yea
Joe Hamm Republican Nay
Joe Hogan Republican Yea
Joe Kerwin Republican Yea
John A. Lawrence Republican Nay
John A. Schlegel Republican Yea
Jonathan Fritz Republican Yea
Joseph D'Orsie Republican Yea
Josh Bashline Republican Nay
Joshua D. Kail Republican Yea
Kate A. Klunk Republican Yea
Kathleen C. Tomlinson Republican Yea
Kathy L. Rapp Republican Nay
Keith J. Greiner Republican Nay
Kerry A. Benninghoff Republican Yea
Kristin Marcell Republican Yea
Leslie Rossi Republican Nay
Marc S. Anderson Republican Yea
Marci Mustello Republican Yea
Mark M. Gillen Republican Yea
Marla Brown Republican Yea
Martin T. Causer Republican Yea
Martina A. White Republican Yea
Michael Stender Republican Nay
Mike Armanini Republican Nay
Mike Jones Republican Yea
Milou Mackenzie Republican Yea
Mindy Fee Republican Yea
Natalie Mihalek Republican Yea
Parke Wentling Republican Yea
Perry A. Stambaugh Republican Nay
R. Lee James Republican Yea
Rich Irvin Republican Yea
Rob W. Kauffman Republican Nay
Robert Leadbeter Republican Yea
Roman Kozak Republican Yea
Russ Diamond Republican Nay
Ryan Warner Republican Nay
Scott Barger Republican Nay
Shelby Labs Republican Yea
Sheryl M. Delozier Republican Yea
Stephanie Borowicz Republican Nay
Steven C. Mentzer Republican Yea
Thomas H. Kutz Republican Yea
Thomas L. Mehaffie Republican Yea
Tim Twardzik Republican Yea
Timothy J. O'Neal Republican Yea
Timothy R. Bonner Republican Yea
Tina Pickett Republican Yea
Tom Jones Republican Yea
Valerie S. Gaydos Republican Nay
Wendy Fink Republican Nay
Zachary Mako Republican Yea

Official roll call →

Subjects

finance labor
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Frequently asked questions

What does HB 2499 do?
State Workers' Insurance Fund Investment Authority
Who sponsors HB 2499?
HB 2499 is sponsored by Benjamin V. Sanchez (Democratic), Jeanne McNeill (Democratic), Ed Neilson (Democratic), John C. Inglis III (Democratic), Dan K. Williams (Democratic), Manuel Guzman (Democratic), Ben Waxman (Democratic), MaryLouise Isaacson (Democratic), and Bridget M. Kosierowski (Democratic).
What is the current status of HB 2499?
This bill has passed the House. Introduced May 08, 2026. It now moves to the second chamber.
Where can I track HB 2499?
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Last checked for changes 3 months ago · updated continuously

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