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Bill > HB2491


PA HB2491

PA HB2491
In sales and use tax, further providing for exclusions from tax.


summary

Introduced
07/11/2024
In Committee
07/11/2024
Crossed Over
Passed
Dead
12/31/2024

Introduced Session

2023-2024 Regular Session

Bill Summary

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.

AI Summary

This bill amends the Tax Reform Code of 1971 to provide an exclusion from the Pennsylvania sales and use tax for the sale of building materials, supplies, and services used in the construction, reconstruction, remodeling, repair, and maintenance of affordable housing projects. The bill defines "affordable housing" as specified in a separate section of the code.

Committee Categories

Budget and Finance

Sponsors (16)

Last Action

Referred to FINANCE (on 07/11/2024)

Bill Topics

Community Development and Housing Issues
  • ‐ Housing and Community Development for Low and Middle Income Persons
Macroeconomics
  • ‐ Taxation, Tax Policy, and Tax Reform

bill text


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