PRINTER'S NO. 3389
No. 2558 Session of 1978
INTRODUCED BY O'KEEFE, GARZIA, STAPLETON AND HOEFFEL,
JUNE 12, 1978
REFERRED TO COMMITTEE ON FINANCE, JUNE 12, 1978
AN ACT
1 Amending the act of March 4, 1971 (P.L.6, No.2), entitled "An
2 act relating to tax reform and State taxation by codifying
3 and enumerating certain subjects of taxation and imposing
4 taxes thereon; providing procedures for the payment,
5 collection, administration and enforcement thereof; providing
6 for tax credits in certain cases; conferring powers and
7 imposing duties upon the Department of Revenue, certain
8 employers, fiduciaries, individuals, persons, corporations
9 and other entities; prescribing crimes, offenses and
10 penalties," further providing for a tax credit for payment of
11 taxes to cities of the first class.
12 The General Assembly of the Commonwealth of Pennsylvania
13 hereby enacts as follows:
14 Section 1. Subsection (a) of section 314, act of March 4,
15 1971 (P.L.6, No.2), known as the "Tax Reform Code of 1971,"
16 added August 31, 1971 (P.L.369, No.93), is amended to read:
17 Section 314. Income Taxes Imposed by Other States and Cities
18 of the First Class.--(a) A resident taxpayer before allowance
19 of any credit under section 312 shall be allowed a credit
20 against the tax otherwise due under this article for the amount
21 of any income tax, wage tax or tax on or measured by gross or
22 net earned or unearned income imposed on him by another state
1 and by any city of the first class of which he is not a resident
2 with respect to income which is also subject to tax under this
3 article.
4 * * *
5 Section 2. This act shall take effect in 60 days.
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