H1059B3613A05877 PWK:CDM 10/26/22 #90 A05877
AMENDMENTS TO HOUSE BILL NO. 1059
Sponsor: SENATOR MUTH
Printer's No. 3613
Amend Bill, page 1, line 14, by inserting after
"NONCOMPLIANCE;"
in general provisions, providing for fiscal impact study;
Amend Bill, page 48, by inserting between lines 12 and 13
Section 17. The act is amended by adding a section to read:
Section 3003.26. Fiscal Impact Study.--(a) Within sixty
days of the publication of the notice under subsection (b), the
Independent Fiscal Office shall submit a detailed report to the
following individuals analyzing the net long-term fiscal impact
of legislation providing a tax credit or reducing tax revenue:
(1) Chairperson and minority chairperson of the
Appropriations Committee of the Senate.
(2) Chairperson and minority chairperson of the Finance
Committee of the Senate.
(3) Chairperson and minority chairperson of the
Appropriations Committee of the House of Representatives.
(4) Chairperson and minority chairperson of the Finance
Committee of the House of Representatives.
(b) The Secretary of Revenue shall transmit notice to the
Legislative Reference Bureau for publication in the Pennsylvania
Bulletin that legislation that creates a tax credit or reduces
tax revenue has been enacted.
Amend Bill, page 48, line 13, by striking out "17" and
inserting
18
Amend Bill, page 48, line 17, by striking out "18" and
inserting
19
Amend Bill, page 48, line 21, by striking out "17" and
inserting
18
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See A05877 in
the context
of HB1059