HB 2704·PA·house
An Act amending Titles 15 (Corporations and Unincorporated Associations) and 68 (Real and Personal Property) of the Pennsylvania Consolidated Statutes, in general provisions relating to corporations and unincorporated associations, further providing for annual report; in entity transactions, further providing for grounds for administrative dissolution or cancellation and for procedure and effect; in foreign associations, further providing for termination of registration; providing for investor ownership of single-family residential property; imposing duties on the Department of State and the Office of Attorney General; and imposing penalties.
In CommitteeFiled Jul 16, 2026
Sponsor: Greg Scott (D)
Latest Action
Referred to Housing & Community Development
Jul 16, 2026
Summary
The bill updates the state’s corporate and property codes to require annual reports from corporations and unincorporated associations, set new grounds and procedures for administrative dissolution, and allow investors to own single‑family residential property. It also creates a process for ending the registration of foreign associations and assigns new duties to the Department of State and the Attorney General, with penalties for non‑compliance.
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