Bill Information

An Act amending the "Tax Reform Code of 1971," approved March 4, 1971 (P. L. 6, No. 2), further providing for exclusions from tax for education, for timely filing of tax petitions, and the time for filing reports and returns and other documents, establishing a standard refund procedure and setting forth an appellate procedure for the taxpayer to the courts of this Commonwealth, adding a definition relating to blasting, clarifying the recognition of the valuation portion of the loan loss reserve in assessing the value of capital stock for the bank shares tax and making certain repeals.