PRINTER'S NO. 2521
THE GENERAL ASSEMBLY OF PENNSYLVANIA
HOUSE BILL
No.
1696
Session of
2015
INTRODUCED BY WHEATLEY, ROZZI, V. BROWN, CALTAGIRONE, MCCLINTON,
SCHLOSSBERG, BISHOP, KINSEY, O'BRIEN, BULLOCK, DRISCOLL,
READSHAW, SCHWEYER, GODSHALL, McNEILL, DEAN, GIBBONS AND
FARINA, NOVEMBER 12, 2015
REFERRED TO COMMITTEE ON FINANCE, NOVEMBER 12, 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 personal income tax, further providing for
classes of income; and in corporate income tax, further
providing for definitions.
The General Assembly of the Commonwealth of Pennsylvania
hereby enacts as follows:
Section 1. Section 303 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 subsection to read:
Section 303. Classes of Income.--* * *
(a.9) (1) An additional deduction shall be allowed from
taxable income for an employer's qualified first-year wages on
the annual personal income tax return , which shall be in the
following amount:
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22