THE GENERAL ASSEMBLY OF PENNSYLVANIA

HOUSE BILL

INTRODUCED BY P. COSTA, DeLUCA, READSHAW, SABATINA, BOYD, CALTAGIRONE, CARROLL, DALEY, FABRIZIO, GEIST, GOODMAN, KILLION, KULA, LONGIETTI, MAHONEY, MARSHALL, M. O'BRIEN, SAINATO, K. SMITH, STEPHENS AND YOUNGBLOOD, FEBRUARY 3, 2012

REFERRED TO COMMITTEE ON FINANCE, FEBRUARY 3, 2012  

AN ACT

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

act relating to tax reform and State taxation by codifying

and enumerating certain subjects of taxation and imposing

taxes thereon; providing procedures for the payment,

collection, administration and enforcement thereof; providing

for tax credits in certain cases; conferring powers and

imposing duties upon the Department of Revenue, certain

employers, fiduciaries, individuals, persons, corporations

and other entities; prescribing crimes, offenses and

penalties," in personal income tax, further providing for

definitions and for a tax credit for purchase of natural gas

vehicle.

The General Assembly of the Commonwealth of Pennsylvania

hereby enacts as follows:

Section 1.  Section 301 of the act of March 4, 1971 (P.L.6,

No.2), known as the Tax Reform Code of 1971, is amended by

adding clauses to read:

Section 301.  Definitions.--Any reference in this article to

the Internal Revenue Code of 1986 shall mean the Internal

Revenue Code of 1986 (Public Law 99-514, 26 U.S.C. § 1 et seq.),

as amended to January 1, 1997, unless the reference contains the

phrase "as amended" and refers to no other date, in which case

the reference shall be to the Internal Revenue Code of 1986 as

it exists as of the time of application of this article. The

following words, terms and phrases when used in this article

shall have the meaning ascribed to them in this section except

where the context clearly indicates a different meaning:

* * *

(d.2)  "Dedicated compressed natural gas vehicle"  means a

vehicle that is produced by an original equipment manufacturer

or a small volume manufacturer that operates on ninety per cent

or more compressed natural gas fuel and ten per cent or less on

gasoline or diesel fuel.

(d.3)  "Dedicated liquefied natural gas vehicle"  means a

vehicle that is produced by an original equipment manufacturer

or a small volume manufacturer that operates on ninety per cent

or more liquefied natural gas fuel and ten per cent or less on

gasoline or diesel fuel.

* * *

Section 2.  The act is amended by adding a section to read:

Section 314.1.  Tax Credit for Purchase of Natural Gas

Vehicle.--An individual taxpayer shall be allowed a credit in

the amount of five hundred dollars ($500) against the tax

imposed by this article for the purchase of a dedicated

compressed natural gas vehicle or dedicated liquefied natural

gas vehicle during the taxable year.

Section 3.  The addition of sections 301(d.2) and (d.3) and

314.1 of the act shall apply to taxable years beginning after

December 31, 2011.

Section 4.  This act shall take effect immediately.