PRINTER'S NO. 632
No. 603 Session of 1981
INTRODUCED BY MICOZZIE, CIVERA, ARTY, SPITZ, PUCCIARELLI,
DONATUCCI AND FREIND, FEBRUARY 17, 1981
REFERRED TO COMMITTEE ON LOCAL GOVERNMENT, FEBRUARY 17, 1981
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," providing for a tax credit for payment of taxes
11 to cities of the first class.
12 The General Assembly of the Commonwealth of Pennsylvania
13 hereby enacts as follows:
14 Section 1. Section 314, act of March 4, 1971 (P.L.6, No.2),
15 known as the "Tax Reform Code of 1971," added August 31, 1971
16 (P.L.362, 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 (b) The credit provided under this section shall not exceed
5 the proportion of the tax otherwise due under this article that
6 the amount of the taxpayer's income subject to tax by the other
7 jurisdiction bears to his entire taxable income.
8 Section 2. This act shall take effect on January 1, 1982.
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