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| THE GENERAL ASSEMBLY OF PENNSYLVANIA |
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| SENATE BILL |
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| INTRODUCED BY GREENLEAF, RAFFERTY, WAUGH, HUGHES, BOSCOLA, ERICKSON, STACK, TARTAGLIONE, MELLOW, KASUNIC, ALLOWAY, COSTA, O'PAKE, KITCHEN, DINNIMAN, FERLO AND LOGAN, JUNE 5, 2009 |
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| REFERRED TO FINANCE, JUNE 5, 2009 |
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| AN ACT |
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1 | Amending the act of June 27, 2006 (1st Sp.Sess., P.L.1873, |
2 | No.1), entitled "An act providing for taxation by school |
3 | districts, for the State funds formula, for tax relief in |
4 | first class cities, for school district choice and voter |
5 | participation, for other school district options and for a |
6 | task force on school cost reduction; making an appropriation; |
7 | prohibiting prior authorized taxation; providing for |
8 | installment payment of taxes; restricting the power of |
9 | certain school districts to levy, assess and collect taxes; |
10 | and making related repeals," in senior citizens property tax |
11 | and rent rebate assistance, further providing for |
12 | definitions. |
13 | The General Assembly of the Commonwealth of Pennsylvania |
14 | hereby enacts as follows: |
15 | Section 1. The definition of "income" in section 1303 of the |
16 | act of June 27, 2006 (1st Sp.Sess., P.L.1873, No.1), known as |
17 | the Taxpayer Relief Act, is amended to read: |
18 | Section 1303. Definitions. |
19 | The following words and phrases when used in this chapter |
20 | shall have the meanings given to them in this section unless the |
21 | context clearly indicates otherwise: |
22 | * * * |
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1 | "Income." All income from whatever source derived, |
2 | including, but not limited to: |
3 | (1) Salaries, wages, bonuses, commissions, income from |
4 | self-employment, alimony, support money, cash public |
5 | assistance and relief. |
6 | (2) The gross amount of any pensions or annuities, |
7 | including railroad retirement benefits for calendar years |
8 | prior to 1999 and 50% of railroad retirement benefits for |
9 | calendar years 1999 and thereafter. |
10 | (3) [All] Fifty percent of all benefits received under |
11 | the Social Security Act (49 Stat. 620, 42 U.S.C. § 301 et |
12 | seq.), except Medicare benefits[, for calendar years prior to |
13 | 1999, and 50% of all benefits received under the Social |
14 | Security Act, except Medicare benefits, for calendar years |
15 | 1999 and thereafter] and except that portion of benefits |
16 | deducted to cover Medicare Part B premiums. |
17 | (4) All benefits received under State unemployment |
18 | insurance laws and veterans' disability payments. |
19 | (5) All interest received from the Federal or any state |
20 | government or any instrumentality or political subdivision |
21 | thereof. |
22 | (6) Realized capital gains and rentals. |
23 | (7) Workers' compensation. |
24 | (8) The gross amount of loss of time insurance benefits, |
25 | life insurance benefits and proceeds, except the first $5,000 |
26 | of the total of death benefit payments. |
27 | (9) Gifts of cash or property, other than transfers by |
28 | gift between members of a household, in excess of a total |
29 | value of $300. |
30 | The term does not include surplus food or other relief in kind |
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1 | supplied by a governmental agency, property tax or rent rebate |
2 | or inflation dividend. |
3 | * * * |
4 | Section 2. This act shall take effect immediately. |
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