PENNSYLVANIA, July 11 - PRIOR PRINTER'S NOS. 698, 1294, 1428,

1433

PRINTER'S NO. 1815

THE GENERAL ASSEMBLY OF PENNSYLVANIA

SENATE BILL

No.

654

Session of

2023

INTRODUCED BY BARTOLOTTA, YAW, HUTCHINSON, PENNYCUICK, ROTHMAN,

BAKER, DUSH, VOGEL AND SCHWANK, MAY 2, 2023

AMENDMENTS TO HOUSE AMENDMENTS, IN SENATE, JULY 11, 2024

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 personal income tax, further providing for

classes of income; and establishing the Public Transportation

Trust Fund.

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 SALES AND USE TAX, FURTHER PROVIDING FOR

EXCLUSIONS FROM TAX; IN PERSONAL INCOME TAX, FURTHER

PROVIDING FOR DEFINITIONS AND FOR CLASSES OF INCOME AND

PROVIDING FOR TRANSFER TO CLEAN STREAMS FUND; IN CORPORATE

NET INCOME TAX, FURTHER PROVIDING FOR DEFINITIONS AND

PROVIDING FOR DETERMINATION OF NET LOSS DEDUCTION; IN BANK

AND TRUST COMPANY SHARES TAX, FURTHER PROVIDING FOR

ASCERTAINMENT OF TAXABLE AMOUNT AND EXCLUSION OF UNITED

STATES OBLIGATIONS; IN REALTY TRANSFER TAX, FURTHER PROVIDING

FOR TRANSFER OF TAX; IN HISTORIC PRESERVATION INCENTIVE TAX

CREDIT, FURTHER PROVIDING FOR TAX CREDIT CERTIFICATES; IN

COAL REFUSE ENERGY AND RECLAMATION TAX CREDIT, FURTHER

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