THE GENERAL ASSEMBLY OF PENNSYLVANIA

HOUSE BILL

INTRODUCED BY QUINN, BOYD, CALTAGIRONE, D. COSTA, P. COSTA, DeWEESE, FLECK, GINGRICH, GROVE, JOSEPHS, KILLION, KORTZ, MAJOR, MARSHALL, MICOZZIE, MURT, MUSTIO, O'NEILL, PASHINSKI, PETRI, PICKETT, READSHAW, REICHLEY, SCAVELLO, STERN, STEVENSON, SWANGER, TOOHIL, VEREB, VULAKOVICH, WAGNER AND WATSON, APRIL 28, 2011

REFERRED TO COMMITTEE ON FINANCE, APRIL 28, 2011  

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," providing for tax deferral for taxpayers in

declared disaster areas.

The General Assembly of the Commonwealth of Pennsylvania

hereby enacts as follows:

Section 1.  The act of March 4, 1971 (P.L.6, No.2), known as

the Tax Reform Code of 1971, is amended by adding a section to

read:

Section 3003.22.  Declared Disaster Areas.--(a)  In the event

of a disaster or disaster emergency as defined in 35 Pa.C.S. §

7102 (relating to definitions) declared by the Governor pursuant

to 35 Pa.C.S. § 7301 (relating to general authority of

Governor), a taxpayer within the declared disaster area may

defer a tax liability pursuant to Article III, IV or VI for a

period of up to two taxable years.

(b)  Nothing in this section shall be construed to waive or

abate the liability of a taxpayer within a declared disaster

area.

(c)  As used in this section, the term "taxpayer" means a

business entity subject to tax under Article III, IV or VI.

Section 2.  This act shall take effect immediately.