Bill

Bill > HB359


PA HB359

PA HB359
In emergency finance and tax provisions, providing for exemption from taxation.


summary

Introduced
02/03/2021
In Committee
02/03/2021
Crossed Over
Passed
Dead
11/30/2022

Introduced Session

2021-2022 Regular Session

Bill Summary

An Act amending the act of April 9, 1929 (P.L.343, No.176), known as The Fiscal Code, in emergency finance and tax provisions, providing for exemption from taxation.

AI Summary

This bill amends The Fiscal Code to provide an exemption from state and local taxation for payments received by individuals under the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) and the Covid-Related Tax Relief Act of 2020. Specifically, it states that such payments shall not be included in the income, earned income, or taxable income of the individual for tax purposes under The Local Tax Enabling Act, the Tax Reform Code of 1971, and the Taxpayer Relief Act. The bill takes effect immediately.

Committee Categories

Budget and Finance

Sponsors (21)

Last Action

Removed from table (on 11/18/2022)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...