Bill > HB2574

This bill amends the Tax Reform Code of 1971 to further define "compensation" for personal income tax purposes. It adds a new provision to allow individuals who have been victims of domestic abuse within the last five years to make certain tax-advantaged withdrawals from their retirement accounts without penalty. Domestic abuse is defined to include physical, psychological, sexual, emotional, or economic abuse, including efforts to control, isolate, humiliate, or intimidate the victim, or abuse of the victim's child or other family member. The bill takes effect 60 days after enactment.