SB 1069 Pennsylvania Senate · 2025-2026 Regular Session

An Act establishing the Keystone Saves Program, the Keystone Saves Program Fund, the Keystone Saves Program Administrative Fund and the Keystone Saves Program Advisory Board; and providing for powers and duties of the Treasury Department and the Department of Labor and Industry, for investment and fiduciary responsibilities and for program implementation.

SB 1069 establishes the Keystone Saves Program, a savings initiative designed to help Pennsylvania residents build financial security, particularly low-to-moderate income earners. It creates two dedicated funds (the Program Fund for participant savings and the Administrative Fund for operations), an Advisory Board for guidance, and assigns specific responsibilities to the Treasury Department (managing funds) and the Department of Labor and Industry (overseeing program implementation). The bill outlines how the program will operate, including investment rules and oversight mechanisms to ensure funds are managed responsibly for participant benefit.
Bill status in committee 1 of 4 stages cleared
Introduction
Oct 2025
Committee Review
Floor Vote
Governor
Introduced Oct 17, 2025 Last action Oct 17, 2025
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Total actions
1
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0
Committee
1
Oct 17, 2025
Committee
Referred to Finance
upper
1 primary · 6 co-sponsors

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