summary
Introduced
04/30/2025
04/30/2025
In Committee
04/30/2025
04/30/2025
Crossed Over
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 sales and use tax, further providing for discount.
AI Summary
This bill modifies the discount provisions for sales and use tax licensees who file and pay taxes on time. Currently, licensees can receive a discount as compensation for collecting and remitting taxes, which is calculated as either 1% of the tax collected or a fixed amount based on filing frequency. The bill increases the fixed discount amounts for different filing frequencies: monthly filers can now receive $50 (up from $25), quarterly filers can receive $150 (up from $75), and semiannual filers can receive $300 (up from $150). These discounts are designed to incentivize timely tax reporting and payment by providing a small financial reward to businesses that submit their sales and use tax returns and payments within the prescribed timeframe. The bill will take effect 60 days after its enactment, giving businesses time to adjust to the new discount rates.
Committee Categories
Budget and Finance
Sponsors (11)
Stephenie Scialabba (R)*,
Scott Barger (R),
Joshua Bashline (R),
Aaron Bernstine (R),
Jill Cooper (R),
Valerie Gaydos (R),
Tina Pickett (R),
Tarah Probst (D),
David Rowe (R),
James Walsh (R),
Dave Zimmerman (R),
Last Action
Referred to Finance (on 04/30/2025)
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