1Amending the act of March 4, 1971 (P.L.6, No.2), entitled "An 
2act relating to tax reform and State taxation by codifying 
3and enumerating certain subjects of taxation and imposing 
4taxes thereon; providing procedures for the payment, 
5collection, administration and enforcement thereof; providing 
6for tax credits in certain cases; conferring powers and 
7imposing duties upon the Department of Revenue, certain 
8employers, fiduciaries, individuals, persons, corporations 
9and other entities; prescribing crimes, offenses and 
10penalties," providing for a teacher tax credit.

11The General Assembly of the Commonwealth of Pennsylvania
12hereby enacts as follows:

13Section 1. The act of March 4, 1971 (P.L.6, No.2), known as 
14the Tax Reform Code of 1971, is amended by adding an article to 
15read:

16ARTICLE XVII-B.2

17TEACHER TAX CREDIT

18Section 1701-B.2. Short title.

19This article shall be known and may be cited as the Teacher 
20Tax Credit Act.

21Section 1702-B.2. Definitions.

1The following words and phrases when used in this article 
2shall have the meanings given to them in this section unless the 
3context clearly indicates otherwise:

4"Certified teacher."  A teacher who is certified by the 
5Commonwealth and currently employed as a teacher.

6"Classroom expenses and supplies."  The term includes books, 
7supplies, computers and related equipment, including related 
8software and services, other equipment and supplementary 
9materials.

10"Department." The Department of Revenue of the Commonwealth.

11"Tax Credit." The teacher tax credit established under this 
12article.

13"Tax liability." The liability for taxes imposed under 
14Article III.

15"Taxpayer." An individual subject to tax under Article III.

16Section 1703-B.2. Tax credit for teachers.

17A taxpayer who is a certified teacher and incurs expenses for 
18the purchase of classroom expenses and supplies in a taxable 
19year may apply for a teacher tax credit as provided in this 
20article.

21Section 1704-B.2. Limitation on credits.

22(a) Limit.--The total amount of credits approved by the 
23department shall not exceed $15,000,000 in any fiscal year.

24(b) Amount of credit.--The amount of the tax credit under 
25this section may not exceed $500 per applicant per tax year.

26Section 1705-B.2. Application.

27A taxpayer may apply for a tax credit under this article in a 
28manner prescribed by the department.

29Section 1706-B.2. Administration.

30The department shall promulgate rules and regulations to
 

1administer the provisions of this article.

2Section 2. This act shall apply to taxable years commencing 
3after December 31, 2012.

4Section 3. This act shall take effect immediately.