PENNSYLVANIA, May 28 - PRINTER'S NO. 823

THE GENERAL ASSEMBLY OF PENNSYLVANIA

SENATE BILL

No.

723

Session of

2021

INTRODUCED BY MENSCH, AUMENT, BARTOLOTTA, MARTIN, MASTRIANO,

PHILLIPS-HILL, STEFANO AND J. WARD, MAY 28, 2021

REFERRED TO FINANCE, MAY 28, 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," establishing a career development tax credit.

The General Assembly of the Commonwealth of Pennsylvania

hereby enacts as follows:

Section 1. The act of March 4, 1971 (P.L.6, No.2), known as

the Tax Reform Code of 1971, is amended by adding an article to

read:

ARTICLE XVII-G.2

CAREER DEVELOPMENT TAX CREDIT

Section 1701-G.2. Short title of article.

This article shall be known and may be cited as the Career

Development Tax Credit Act.

Section 1702-G.2. Definitions.

The following words and phrases when used in this article

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