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‘Unbelievably Disrespectful’: Shapiro Blasts Senate Republicans for Absence as 100-Day Budget Stalemate Continues
The bill enables the state treasurer to waive interest on up to $500 million in loans aiding counties and nonprofits during a budget impasse lasting over 100 days.
- On Tuesday the Pennsylvania Senate approved Senate Bill 1040, allowing the Treasury's office to waive interest on loans during a budget impasse, sending it to the House for consideration.
- After more than 100 days without a budget since June 30, counties, public schools and human services providers have faced financial strain, prompting Stacy Garrity, Pennsylvania State Treasurer, to propose low-interest stopgap loans.
- The Budget Bridge Loan program covers county governments, Head Start agencies, domestic violence and rape crisis centers, and Pre-K Counts approved providers, with over 30 applications filed since its announcement.
- Senate Republicans argued the waiver will ease burdens on county governments and social service providers, as high interest has blocked loan access for some nonprofits.
- With a House plan in hand, the governor urged lawmakers to return, as Senate Bill 1040 cleared the Senate, allowing interest waivers during the budget impasse, seen as a step toward resolution.
12 Articles
12 Articles
Pennsylvania Capital-Star
Pa. Senate passes bill allowing the Treasury Dept. to waive interest on budget impasse loans
The Pennsylvania Capitol (Peter Hall/Capital-Star)This story was updated on Oct. 8, 2025 at 5:38 p.m. to include the latest details on the House-passed budget proposal. It’s been 100 days since the deadline for Pennsylvania lawmakers to pass a budget. In that time, counties, school districts and the organizations contracted to provide safety net services have been unable to receive state funds. Last month, Treasurer Stacy Garrity, who is the lea…
Senate Passes Bill to Waive Interest on Short-Term Budget Impasse Loans - Senator Baker
HARRISBURG – Pennsylvania counties, early education programs, rape prevention and domestic violence prevention centers could pay no interest on loans from the Pennsylvania Treasury under legislation approved by the Senate, according to Sen. Lisa Baker (R-20), who supported the measure. Under current law, the Pennsylvania Treasurer may provide investment loans during a budget impasse but must charge interest on those loans. Treasury’s Budget Brid…
Senate Passes Bill to Waive Interest on Short-Term Budget Impasse Loans - Senator Ward, K
NOTE: Senate Republican leaders held a press conference about the state budget this afternoon. Video is available here. HARRISBURG – Pennsylvania counties, early education programs, rape prevention and domestic violence prevention centers could pay no interest on loans from the Pennsylvania Treasury under legislation approved by the Senate today, according to Senate President Pro Tempore Kim Ward (R-39), Majority Leader Joe Pittman (R-41) and Ap…
Senate Passes Bill to Waive Interest on Short-Term Budget Impasse Loans - Senator Pittman
NOTE: Senate Republican leaders held a press conference about the state budget this afternoon. Video is available here. HARRISBURG – Pennsylvania counties, early education programs, rape prevention and domestic violence prevention centers could pay no interest on loans from the Pennsylvania Treasury under legislation approved by the Senate today, according to Senate President Pro Tempore Kim Ward (R-39), Majority Leader Joe Pittman (R-41) and Ap…
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