PRINTER'S NO. 137
THE GENERAL ASSEMBLY OF PENNSYLVANIA
SENATE BILL
No.
164
Session of
2017
INTRODUCED BY TARTAGLIONE, LEACH, FONTANA, SCHWANK, COSTA,
BREWSTER, YUDICHAK, BLAKE, HAYWOOD, FARNESE AND HUGHES,
JANUARY 20, 2017
REFERRED TO FINANCE, JANUARY 20, 2017
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 corporate net income tax, further providing
for definitions, for imposition of tax, for reports and
payment of tax and for consolidated reports; and, in general
provisions, further providing for underpayment of estimated
tax.
The General Assembly of the Commonwealth of Pennsylvania
hereby enacts as follows:
Section 1. Section 401(3)1(a) and (b) and 2(a) and (5) of
the act of March 4, 1971 (P.L.6, No.2), known as the Tax Reform
Code of 1971, are amended, clause (3)2 is amended by adding a
phrase and the section is amended by adding clauses to read:
Section 401. Definitions.--The following words, terms, and
phrases, when used in this article, shall have the meaning
ascribed to them in this section, except where the context
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