H0377B2849A05286 JKL:JSL 01/11/08 #90 A05286 AMENDMENTS TO HOUSE BILL NO. 377 Sponsor: REPRESENTATIVE R. TAYLOR Printer's No. 2849 1 Amend Title, page 1, line 10, by inserting after 2 "penalties,"" 3 further providing, in personal income tax, for 4 imposition of tax; and 5 Amend Bill, page 1, lines 14 through 16, by striking out all 6 of said lines and inserting 7 Section 1. Section 302 of the act of March 4, 1971 (P.L.6, 8 No.2), known as the Tax Reform Code of 1971, amended December 9 23, 2003 (P.L.250, No.46), is amended to read: 10 Section 302. Imposition of Tax.--(a) Every resident 11 individual, estate or trust shall be subject to, and shall pay 12 for the privilege of receiving each of the classes of income 13 hereinafter enumerated in section 303, a tax upon each dollar of 14 income received by that resident during that resident's taxable 15 year at the rate of [three and seven hundredths per cent] two 16 and ninety-nine hundredths per cent. 17 (b) Every nonresident individual, estate or trust shall be 18 subject to, and shall pay for the privilege of receiving each of 19 the classes of income hereinafter enumerated in section 303 from 20 sources within this Commonwealth, a tax upon each dollar of 21 income received by that nonresident during that nonresident's 22 taxable year at the rate of [three and seven hundredths per 23 cent] two and ninety-nine hundredths per cent. 24 Section 1.1. The act is amended by adding a section to read: 25 Amend Bill, page 2, by inserting between lines 26 and 27 26 Section 2. The amendment of section 302 of the act shall 27 apply to all tax years beginning after December 31, 2007. 28 Amend Sec. 2, page 2, line 27, by striking out "2" and 29 inserting 30 3 A11L90JKL/HB0377A05286