Bill > SB772

This bill establishes a new tax credit for Pennsylvania-based entities and residents who incur qualified toll expenses, specifically for tolls paid on the Pennsylvania Turnpike and certain toll bridges using E-ZPass, cash, or credit/debit cards. Taxpayers can apply for the credit by September 15th each year for toll expenses from the previous taxable year, and will receive a tax credit equal to 50% of their total qualified toll expenses, not to exceed $500 annually. The Department of Revenue will notify taxpayers of their approved credit amount by December 15th of the following year. The bill applies to pass-through entities like partnerships and S corporations, allowing shareholders, owners, or members to claim the credit proportional to their distributive income if the entity itself cannot use the full credit. Importantly, a pass-through entity and its shareholders cannot claim a credit for the same toll expenses. The tax credit will apply to taxable years beginning after December 31, 2024, and the bill will take effect 60 days after its enactment. The Department of Revenue is tasked with creating regulations to implement and administer this new tax credit program.

Budget and Finance

https://www.legis.state.pa.us/cfdocs/billinfo/bill_history.cfm?syear=2025&sind=0&body=S&type=B&bn=772