PRINTER'S NO. 211
THE GENERAL ASSEMBLY OF PENNSYLVANIA
HOUSE BILL
No.
241
Session of
2019
INTRODUCED BY PICKETT, BARRAR, BERNSTINE, BOBACK, EVERETT,
FRITZ, GABLER, IRVIN, JOZWIAK, KAUFFMAN, METZGAR, MILLARD,
MURT, OBERLANDER, OWLETT, RYAN, SAYLOR, STAATS, STRUZZI,
TOOHIL AND ZIMMERMAN, JANUARY 28, 2019
REFERRED TO COMMITTEE ON FINANCE, JANUARY 28, 2019
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 resource enhancement and protection tax
credit, further providing for definitions and for Resource
Enhancement and Protection Tax Credit Program.
The General Assembly of the Commonwealth of Pennsylvania
hereby enacts as follows:
Section 1. The definition of "eligible applicants" in
section 1702-E of the act of March 4, 1971 (P.L.6, No.2), known
as the Tax Reform Code of 1971, is amended to read:
Section 1702-E. Definitions.
The following words and phrases when used in this article
shall have the meanings given to them in this section unless the
context clearly indicates otherwise:
* * *
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
"Eligible applicants." [A business firm or an individual who
is subject to the taxes imposed by Article III, IV, VI, VII,
VIII, IX or XV.] Any of the following subject to the taxes
imposed by Article III, IV, VI, VII, VIII, IX or XV:
(1) A business firm.
(2) An individual.
(3) Individuals filing jointly.
* * *
Section 2. Section 1703-E(c) of the act is amended by adding
a paragraph to read:
Section 1703-E. Resource Enhancement and Protection Tax Credit
Program.
* * *
(c) Carryover.--
* * *
(2.1) A tax credit granted under this article may be
applied to the spouse of an eligible applicant if both the
eligible applicant and the spouse report income on a joint
income tax return.
* * *
Section 3. This act shall apply to taxable years commencing
and tax credits granted after December 31, 2018.
Section 4. This act shall take effect in 60 days.
20190HB0241PN0211 - 2 -
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23