An Act amending the act of March 4, 1971 (P.L.6, No.2), known as the Tax Reform Code of 1971, in sales and use tax, further providing for\r\n exclusions from tax; in personal income tax, further\r\n providing for definitions and for classes of income and\r\n providing for transfer to Clean Streams Fund; in corporate\r\n net income tax, further providing for definitions and\r\n providing for determination of net loss deduction; in bank\r\n and trust company shares tax, further providing for\r\n ascertainment of taxable amount and exclusion of United\r\n States obligations; in realty transfer tax, further providing\r\n for transfer of tax; in Historic Preservation Incentive Tax\r\n Credit, further providing for tax credit certificates; in\r\n Coal Refuse Energy and Reclamation Tax Credit, further\r\n providing for application and approval of tax credit and for\r\n limitation on tax credits; in city revitalization and\r\n improvement zones, further providing for definitions, for\r\n establishment or designation of contracting authority, for\r\n approval, for reports, for transfers, for restrictions, for\r\n transfer of property and for review; in Manufacturing and\r\n Investment Tax Credit, further providing for definitions, for\r\n rural growth funds, for claiming the tax credit and for\r\n revocation of tax credit certificates; in Neighborhood\r\n Assistance Tax Credit, further providing for tax credit and\r\n for grant of tax credit; providing for 529 savings account\r\n employer matching contribution tax credit and for employer\r\n child care contribution tax credit; in Computer Data Center\r\n Equipment Incentive Program, further providing for\r\n definitions and for sales and use tax exemption; providing for tuition account programs; and making an editorial change.

It became law on Jul 11, 2024.

PA SB 654 · Senate Bill · 2023-2024