SB 1402

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; imposing duties on the Department of Banking and Securities; and imposing penalties.

In committee Last action June 26, 2026: Referred to Banking & Insurance

Official bill page and text: palegis.us

Sponsors 9

Prime sponsor: Nick Pisciottano
Cosponsors (8): Art Haywood, James Malone, Jay Costa, Judith Schwank, Maria Collett, Nikil Saval, Timothy Kearney, Wayne Fontana

Status

In committee as of June 26, 2026. Session ends November 30, 2026; the 2027–2028 session begins in January 2027.

Roll-call votes 0

No roll-call votes recorded for this measure.

Timeline 1

Date	Chamber	Action
June 26, 2026	Senate	Referred to Banking & Insurance

Data: Open States (API v3; public data, attribution appreciated), updated November 5, 2026. Official record: palegis.us. Bill pages link to the official text, not copied.

Sources for this page

Open States API v3 (Plural Policy): https://v3.openstates.org/ — copied November 2, 2026

Pennsylvania General Assembly: https://www.palegis.us/legislation/bills — copied November 2, 2026

Bill, action and roll-call data from Open States (public data, attribution appreciated). Neither Pennsylvania Capitol Guide nor this information, as presented here, is endorsed by the Pennsylvania General Assembly.