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Senate Bill 763 Printer's Number 886

PENNSYLVANIA, June 23 - PRINTER'S NO. 886

THE GENERAL ASSEMBLY OF PENNSYLVANIA

SENATE BILL

No.

763

Session of

2021

INTRODUCED BY ARGALL, SAVAL, STREET, FONTANA AND COSTA,

JUNE 11, 2021

REFERRED TO URBAN AFFAIRS AND HOUSING, JUNE 11, 2021

AN ACT

Amending the act of March 4, 1971 (P.L.6, No.2), entitled "An

act relating to tax reform and State taxation by codifying

and enumerating certain subjects of taxation and imposing

taxes thereon; providing procedures for the payment,

collection, administration and enforcement thereof; providing

for tax credits in certain cases; conferring powers and

imposing duties upon the Department of Revenue, certain

employers, fiduciaries, individuals, persons, corporations

and other entities; prescribing crimes, offenses and

penalties," in Pennsylvania Housing Tax Credit, further

providing for Pennsylvania Housing Tax Credit and for annual

report.

The General Assembly of the Commonwealth of Pennsylvania

hereby enacts as follows:

Section 1. Sections 1903-G(b), (c) and (d)(1) and 1910-G(a)

of the act of March 4, 1971 (P.L.6, No.2), known as the Tax

Reform Code of 1971, added November 3, 2020 (P.L.1074, No.107),

are amended to read:

Section 1903-G. Pennsylvania Housing Tax Credit.

* * *

(b) Availability.--[Tax credits may not be awarded under

this article until the notice under subsection (c.1) is

published.]

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