PRIOR PRINTER'S NO. 1129
PRINTER'S NO. 1749
THE GENERAL ASSEMBLY OF PENNSYLVANIA
HOUSE BILL
No.
932
Session of
2015
INTRODUCED BY DRISCOLL, V. BROWN, O'BRIEN, BOYLE, READSHAW,
KINSEY, THOMAS, McNEILL, BROWNLEE, YOUNGBLOOD, COHEN AND
FARINA, APRIL 8, 2015
AS REPORTED FROM COMMITTEE ON FINANCE, HOUSE OF REPRESENTATIVES,
AS AMENDED, JUNE 9, 2015
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," in realty transfer tax, further providing for
excluded transactions.
The General Assembly of the Commonwealth of Pennsylvania
hereby enacts as follows:
Section 1. Section 1102-C.3 of the act of March 4, 1971
(P.L.6, No.2), known as the Tax Reform Code of 1971, is amended
by adding a clause to read:
Section 1102-C.3. Excluded Transactions.--The tax imposed by
section 1102-C shall not be imposed upon:
* * *
(24) A transfer of real estate from the surviving spouse or
minor child of a person covered under the act of June 24, 1976
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(P.L.424, No.101), referred to as the Emergency and Law
Enforcement Personnel Death Benefits Act, within five years of
the person's death.
(24) A TRANSFER OF REAL ESTATE THAT HAS BEEN USED AS THE
PRINCIPAL RESIDENCE OF THE SURVIVING SPOUSE OR MINOR CHILDREN OF
AN INDIVIDUAL COVERED UNDER THE ACT OF JUNE 24, 1976 (P.L.424,
NO.101), REFERRED TO AS THE EMERGENCY AND LAW ENFORCEMENT
PERSONNEL DEATH BENEFITS ACT, IF:
(I) THE COVERED INDIVIDUAL DIED AS RESULT OF THE PERFORMANCE
OF HIS OR HER DUTIES;
(II) THE PRINCIPAL RESIDENCE OF THE SURVIVING SPOUSE OR
MINOR CHILDREN WAS ALSO THE PRINCIPAL RESIDENCE OF THE COVERED
INDIVIDUAL;
(III) THE PRINCIPAL RESIDENCE HAS BEEN THE PRINCIPAL
RESIDENCE OF THE SURVIVING SPOUSE OR MINOR CHILDREN AND THE
COVERED INDIVIDUAL FOR AT LEAST ONE YEAR PRIOR TO THE DEATH OF
THE COVERED INDIVIDUAL OR THE SURVIVING SPOUSE AND THE COVERED
INDIVIDUAL WERE MARRIED FOR ANY TIME WITHIN ONE YEAR PRIOR TO
THE DEATH OF THE COVERED INDIVIDUAL; AND
(IV) THE TRANSFER OCCURS WITHIN FIVE YEARS OF THE COVERED
INDIVIDUAL'S DEATH.
Section 2. This act shall take effect in 60 days.
20150HB0932PN1749 - 2 -
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