Pennsylvania SB 178: An Act amending the act of July 2, 2010 (P.L.266, No.44), known as the Protecting Pennsylvania's Investments Act, amending the title of the act; further providing for definitions; and providing for identification of assault weapons manufacturers, for required actions related to assault weapons manufacturers and for reporting relating to assault weapons manufacturers.

Bill Text

PRINTER'S NO. 117
THE GENERAL ASSEMBLY OF PENNSYLVANIA
SENATE BILL
No. 178
Session of
2025
INTRODUCED BY COSTA, STREET, SAVAL, COMITTA, KEARNEY, FONTANA,
SCHWANK, COLLETT, TARTAGLIONE, HAYWOOD, KANE AND HUGHES,
JANUARY 24, 2025
REFERRED TO FINANCE, JANUARY 24, 2025
AN ACT
Amending the act of July 2, 2010 (P.L.266, No.44), entitled "An
act providing for divestiture by the State Treasurer, the
State Employees' Retirement System and the Public School
Employees' Retirement System of investments in companies
doing business in Iran and Sudan," amending the title of the
act; further providing for definitions; and providing for
identification of assault weapons manufacturers, for required
actions related to assault weapons manufacturers and for
reporting relating to assault weapons manufacturers.
The General Assembly of the Commonwealth of Pennsylvania
hereby enacts as follows:
Section 1. The title of the act of July 2, 2010 (P.L.266,
No.44), known as the Protecting Pennsylvania's Investments Act,
is amended to read:
AN ACT
Providing for divestiture by the State Treasurer, the State
Employees' Retirement System and the Public School Employees'
Retirement System of investments in companies doing business
in Iran and Sudan and in assault weapons manufacturers.
Section 2. Section 2 of the act is amended by adding
definitions to read:
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Section 2. Definitions.
The following words and phrases when used in this act shall
have the meanings given to them in this section unless the
context clearly indicates otherwise:
* * *
"Assault weapon." The term includes all of the following:
(1) A semiautomatic center fire rifle capable of
accepting detachable magazines and a pistol grip protruding
conspicuously below the weapon's action, a thumbhole stock or
folding or telescopic stock, a flash suppressor, grenade
launcher or flare launcher or a forward pistol grip.
(2) A semiautomatic center fire rifle with an overall
length of less than 30 inches.
(3) A semiautomatic center fire rifle with a fixed
magazine capable of holding more than 10 rounds of
ammunition.
(4) A semiautomatic pistol capable of accepting
detachable magazines and a threaded barrel, a second
handgrip, a capacity to accept a detachable magazine at some
location outside the pistol grip or a shroud attached to, or
partially or completely encircling, the barrel allowing the
bearer to fire the weapon without burning the bearer's hand,
except for a slide enclosing the barrel.
(5) A semiautomatic pistol with a fixed magazine having
the capacity to accept more than 10 rounds.
(6) A semiautomatic shotgun having a folding or
telescoping stock, a pistol grip protruding conspicuously
beneath the action of the weapon, a thumbhole stock or a
vertical handgrip.
(7) A semiautomatic shotgun with the ability to accept
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detachable magazines.
(8) A shotgun with a revolving cylinder.
(9) A part or combination of parts designed or intended
to convert a firearm into an assault weapon or any
combination of parts from which an assault weapon may be
readily assembled if the parts are in the possession of or
under the control of the same person.
(10) A detachable ammunition-feeding device with the
capacity to accept more than 10 rounds of ammunition. The
term does not include:
(i) a feeding device that has been permanently
altered so that it cannot accommodate more than 10
rounds;
(ii) a .22 caliber tube ammunition-feeding device;
or
(iii) a tubular magazine that is contained in a
lever-action firearm.
(11) A device designed or manufactured for the sole
purpose of accelerating the rate of fire of a semiautomatic
firearm to simulate the rate of fire of an automatic weapon.
"Assault weapons manufacturer." A person who manufactures
assault weapons.
"Assault weapons manufacturing activities." The
manufacturing of assault weapons.
* * *
"Substantial action specific to assault weapons
manufacturing." Adopting, publicizing and implementing a formal
plan to cease assault weapons manufacturing activities within
one year and to refrain from any new assault weapons
manufacturing activities.
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* * *
Section 3. The act is amended by adding sections to read:
Section 6.1. Identification of assault weapons manufacturers.
(a) Best effort.--Within 90 days after the effective date of
this section, a public fund shall make its best effort to
identify all assault weapons manufacturers in which the public
fund has direct holdings. A public fund shall review, as
appropriate in the public fund's judgment, publicly available
information regarding assault weapons manufacturers, including
information provided by nonprofit organizations, research firms,
international organizations and government entities.
(b) Assembly.--By the first meeting of a public fund
foll