Pennsylvania · 2025-2026
HB 1276
An Act amending Title 13 (Commercial Code) of the Pennsylvania Consolidated Statutes, in short title and general matters, further providing for applicability and choice of law; in security entitlements, further providing for property interest of entitlement holder in financial asset held by securities intermediary and for priority among security interests and entitlement holders; and, in perfection and priority, further providing for law governing perfection and priority of security interests in investment property.
Bill record: Open States bulk CSV (bills/votes) CC0-1.0
Summary AI-generated
HB 1276 amends Title 13 of the Pennsylvania Consolidated Statutes regarding the Commercial Code. The bill updates provisions on applicability, choice of law, and property interests of entitlement holders in financial assets. It also modifies rules concerning priority among security interests and the law governing perfection and priority of security interests in investment property.
Software-generated, grounded only in the bill's own fields (it does not invent outcomes, amounts, or dates). Provenance: Open States bulk CSV (bills/votes) CC0-1.0 GovTally LLM enrichment (local oMLX)
Issue tags AI-classified
Classified by a local model from the bill's text; confidence shown. GovTally LLM enrichment (local oMLX)
Sponsors + 1 cosponsors
- Joe D'Orsie Republican lead
- Aaron Bernstine Republican