PRINTER'S NO. 1954
THE GENERAL ASSEMBLY OF PENNSYLVANIA
HOUSE BILL
No.
1416
Session of
2015
INTRODUCED BY EVANKOVICH, BARBIN, BARRAR, BENNINGHOFF, BLOOM,
BURNS, COX, CUTLER, DeLUCA, GALLOWAY, GERGELY, GIBBONS,
GILLEN, GREINER, GROVE, A. HARRIS, IRVIN, KAUFFMAN, KORTZ,
LAWRENCE, MALONEY, MARSHALL, MARSICO, McNEILL, MILNE, RAPP,
REGAN, TRUITT, TURZAI, WARNER AND ZIMMERMAN, JUNE 26, 2015
REFERRED TO COMMITTEE ON FINANCE, JUNE 26, 2015
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 corporate net income tax, further providing
for definitions.
The General Assembly of the Commonwealth of Pennsylvania
hereby enacts as follows:
Section 1. Section 401(3)4(c)(1)(A) of the act of March 4,
1971 (P.L.6, No.2), known as the Tax Reform Code of 1971,
amended July 9, 2013 (P.L.270, No.52), is amended and clause
(3)4(c)(2)(B) is amended by adding subparagraphs to read:
Section 401. Definitions.--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:
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