Bill
Bill > HB416
summary
Introduced
01/30/2025
01/30/2025
In Committee
06/11/2025
06/11/2025
Crossed Over
04/22/2025
04/22/2025
Passed
Dead
Introduced Session
2025-2026 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 personal income tax, further providing for classes of income.
AI Summary
This bill amends the Tax Reform Code of 1971 to exempt Holocaust reparations from personal income tax. Specifically, the legislation adds a new clause to Section 303, which defines classes of income, stating that any amount received by a Holocaust survivor as part of Holocaust reparations will not be subject to taxation. Holocaust reparations are payments made to survivors or descendants of victims of the Holocaust as a form of compensation for the suffering and losses endured during the Nazi regime. By exempting these reparations from income tax, the bill aims to provide financial relief and recognition to Holocaust survivors, acknowledging the significant hardships they have experienced. The bill will take effect 60 days after its enactment, providing a clear timeline for implementation of this tax exemption.
Committee Categories
Budget and Finance
Sponsors (19)
Ben Waxman (D)*,
Tim Brennan (D),
Tina Davis (D),
Dan Frankel (D),
Bob Freeman (D),
Mark Gillen (R),
Roni Green (D),
Liz Hanbidge (D),
Keith Harris (D),
Carol Hill-Evans (D),
Tarik Khan (D),
Danielle Otten (D),
Chris Pielli (D),
Abigail Salisbury (D),
Steve Samuelson (D),
Ben Sanchez (D),
Mike Schlossberg (D),
Jared Solomon (D),
Joe Webster (D),
Last Action
Re-referred to Appropriations (on 06/11/2025)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.legis.state.pa.us/cfdocs/billinfo/bill_history.cfm?syear=2025&sind=0&body=H&type=B&bn=416 |
| House Fiscal Note PN 0392 | https://www.legis.state.pa.us/WU01/LI/BI/FN/2025/0/HB0416P0392.pdf |
| BillText | https://www.legis.state.pa.us/cfdocs/legis/PN/Public/btCheck.cfm?txtType=PDF&sessYr=2025&sessInd=0&billBody=H&billTyp=B&billNbr=0416&pn=0392 |
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