An Act amending the act of April 9, 1929 (P.L.343, No.176), known as The Fiscal Code, in Treasury Department, further providing for investment of moneys; establishing the Keystone Saves Program, the Keystone Saves Program Fund, the Keystone Saves Administrative Fund and the Keystone Saves Program Advisory Board; providing for powers and duties of the Treasury Department, for investment and fiduciary responsibilities and for program implementation; and providing for the electric vehicle road user charge effective date.

This bill amends Pennsylvania's Fiscal Code to update investment rules for state funds and establish a new retirement savings initiative called the Keystone Saves Program. The program allows eligible employers to facilitate automatic contributions from employee paychecks into Individual Retirement Accounts, with specific definitions provided for who qualifies as an employer and employee. Additionally, the legislation sets a new expiration date for the Treasury Department's authority to invest state moneys and adjusts the effective date for the electric vehicle road user charge.