PRINTER'S NO. 370
No. 346 Session of 1999
INTRODUCED BY WAGNER, KASUNIC, BOSCOLA, CORMAN, WAUGH,
STAPLETON, COSTA, O'PAKE, BELAN, BODACK, MELLOW, FUMO AND
BELL, FEBRUARY 11, 1999
REFERRED TO FINANCE, FEBRUARY 11, 1999
AN ACT
1 Amending the act of March 4, 1971 (P.L.6, No.2), entitled "An
2 act relating to tax reform and State taxation by codifying
3 and enumerating certain subjects of taxation and imposing
4 taxes thereon; providing procedures for the payment,
5 collection, administration and enforcement thereof; providing
6 for tax credits in certain cases; conferring powers and
7 imposing duties upon the Department of Revenue, certain
8 employers, fiduciaries, individuals, persons, corporations
9 and other entities; prescribing crimes, offenses and
10 penalties," reducing the rate of personal income tax.
11 The General Assembly of the Commonwealth of Pennsylvania
12 hereby enacts as follows:
13 Section 1. Section 302 of the act of March 4, 1971 (P.L.6,
14 No.2), known as the Tax Reform Code of 1971, added August 4,
15 1991 (P.L.97, No.22), is amended to read:
16 Section 302. Imposition of Tax.--(a) Every resident
17 individual, estate or trust shall be subject to, and shall pay
18 for the privilege of receiving each of the classes of income
19 hereinafter enumerated in section 303, a tax upon each dollar of
20 income received by that resident during that resident's taxable
21 year at the following rates:
1 (1) Two and one-tenth per cent for taxable years commencing
2 with or within calendar year 1987 through the first half of the
3 taxable year commencing with or within calendar year 1991.
4 (2) Two and eight-tenths per cent for the second half of the
5 taxable year commencing with or within calendar year 1991
6 through the taxable year commencing with or within calendar year
7 1998 and two and seven-tenths per cent for the taxable year
8 commencing with or within calendar year 1999 and each taxable
9 year thereafter.
10 (3) A temporary assessment equal to an additional three-
11 tenths per cent for the second half of the taxable year
12 commencing with or within calendar year 1991 through the first
13 half of the taxable year commencing with or within calendar year
14 1992.
15 (b) Every nonresident individual, estate or trust shall be
16 subject to, and shall pay for the privilege of receiving each of
17 the classes of income hereinafter enumerated in section 303 from
18 sources within this Commonwealth, a tax upon each dollar of
19 income received by that nonresident during that nonresident's
20 taxable year at the following rates:
21 (1) Two and one-tenth per cent for taxable years commencing
22 with or within calendar year 1987 through the first half of the
23 taxable year commencing with or within calendar year 1991.
24 (2) Two and eight-tenths per cent for the second half of the
25 taxable year commencing with or within calendar year 1991
26 through the taxable year commencing with or within calendar year
27 1998 and two and seven-tenths per cent for the taxable year
28 commencing with or within calendar year 1999 and each taxable
29 year thereafter.
30 (3) A temporary assessment equal to an additional three-
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1 tenths per cent for the second half of the taxable year
2 commencing with or within calendar year 1991 through the first
3 half of the taxable year commencing with or within calendar year
4 1992.
5 Section 2. This act shall apply to the tax year commencing
6 on or after January 1, 1999.
7 Section 3. This act shall take effect immediately.
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