PRINTER'S NO.  2099

  

THE GENERAL ASSEMBLY OF PENNSYLVANIA

  

SENATE BILL

 

No.

1424

Session of

2010

  

  

INTRODUCED BY MENSCH, WARD, WASHINGTON, TARTAGLIONE, ERICKSON, RAFFERTY, O'PAKE, ALLOWAY, GREENLEAF, COSTA, WAUGH AND HUGHES, JUNE 24, 2010

  

  

REFERRED TO FINANCE, JUNE 24, 2010  

  

  

  

AN ACT

  

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Amending the act of March 4, 1971 (P.L.6, No.2), entitled "An

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act relating to tax reform and State taxation by codifying

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and enumerating certain subjects of taxation and imposing

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taxes thereon; providing procedures for the payment,

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collection, administration and enforcement thereof; providing

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for tax credits in certain cases; conferring powers and

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imposing duties upon the Department of Revenue, certain

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employers, fiduciaries, individuals, persons, corporations

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and other entities; prescribing crimes, offenses and

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penalties," providing for an income tax checkoff to provide

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funding for the Children's Trust Fund.

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The General Assembly of the Commonwealth of Pennsylvania

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hereby enacts as follows:

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Section 1.  The act of March 4, 1971 (P.L.6, No.2), known as

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the Tax Reform Code of 1971, is amended by adding a section to

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read:

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Section 315.10.  Contributions for the Children's Trust

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Fund.--(a)  The department shall provide a space on the

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Pennsylvania electronic individual income tax return form

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whereby an individual may voluntarily designate a contribution

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of any amount desired to the Children's Trust Fund.

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(b)  The amount so designated by an individual on the income

 


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tax return form shall be deducted from the tax refund to which

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such individual is entitled and shall not constitute a charge

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against the income tax revenues due the Commonwealth.

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(c)  The department shall determine annually the total amount

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designated pursuant to this section, less reasonable

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administrative costs, and shall report such amount to the State

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Treasurer, who shall transfer such amount from the General Fund

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to the Children's Trust Fund.

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Section 2.  This act shall take effect in 60 days.

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