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Bill > HB1306
PA HB1306
PA HB1306In personal income tax, further providing for definitions and for classes of income.
summary
Introduced
04/28/2025
04/28/2025
In Committee
06/24/2025
06/24/2025
Crossed Over
06/23/2025
06/23/2025
Passed
Dead
Introduced Session
Potential new amendment
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 definitions and for classes of income.
AI Summary
This bill amends the Tax Reform Code of 1971 to provide tax benefits for volunteer firefighters by introducing new definitions and tax exemptions. Specifically, the bill defines terms like "eligible volunteer firefighter" as someone approved by fire department authorities and actively serving in emergency protection, and establishes definitions for "service award" and "service award programs" related to volunteer firefighter benefit plans. The legislation creates tax exemptions for contributions to these service award programs, including: (1) excluding the first $5,000 in contributions by fire companies, departments, or municipalities to a volunteer firefighter's service award from being considered taxable compensation over the firefighter's lifetime, and (2) exempting distributions from service award programs from being considered taxable compensation for eligible volunteer firefighters who are 65 years of age or older. These changes aim to provide financial recognition and support for volunteer firefighters by creating tax advantages for their service-related benefits. The bill will apply to taxable years beginning on or after January 1, 2025, and will take effect 60 days after its enactment.
Committee Categories
Budget and Finance
Sponsors (22)
Justin Fleming (D)*,
Lisa Borowski (D),
Frank Burns (D),
Missy Cerrato (D),
Joe Ciresi (D),
Kyle Donahue (D),
Bob Freeman (D),
Roni Green (D),
Carol Hill-Evans (D),
Joe Kerwin (R),
Tarik Khan (D),
Andrew Kuzma (R),
Dave Madsen (D),
Kristin Marcell (R),
Jeanne McNeill (D),
Chris Pielli (D),
Brenda Pugh (R),
Ben Sanchez (D),
Jeremy Shaffer (R),
Michael Stender (R),
Dane Watro (R),
Joseph Webster (D),
Last Action
Referred to Finance (on 06/24/2025)
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