Bill Information

An Act amending the act of March 27, 1980 (P. L. 60, No. 24), entitled "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,' establishing a credit against gross receipts tax for railroad expenditures on maintenance or right-of-way improvements and imposing restrictions on such credit," extending the period of expiration of the act.