H0800B0964A00886 PWK:CDM 04/29/19 #90 A00886
AMENDMENTS TO HOUSE BILL NO. 800
Sponsor: REPRESENTATIVE SAYLOR
Printer's No. 964
Amend Bill, page 1, line 12, by inserting after
"organization,""
"pass-through entity,"
Amend Bill, page 1, line 16, by inserting after "amended"
where it occurs the second time
and the section is amended by adding a definition
Amend Bill, page 4, by inserting between lines 27 and 28
"Pass-through entity." A partnership as defined in section
301(n.0) of the act of March 4, 1971 (P.L.6, No.2), known as the
Tax Reform Code of 1971, a single-member limited liability
company treated as a disregarded entity for Federal income tax
purposes or a Pennsylvania S corporation as defined in section
301(n.1) of the Tax Reform Code of 1971. The term includes a
pass-through entity that owns an interest in a pass-through
entity. The term also includes a qualified Subchapter S trust.
Amend Bill, page 5, by inserting between lines 10 and 11
"Qualified Subchapter S trust." As defined in section
1361(d)(3) of the Internal Revenue Code of 1986.
* * *
Amend Bill, page 7, by inserting between lines 5 and 6
Section 3. The amendment of the definition of "pass-through
entity" in section 2002-B of the act shall apply retroactively
to January 1, 2015.
Amend Bill, page 7, line 6, by striking out "3" and inserting
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See A00886 in
the context
of HB0800