SENATE AMENDED
PRIOR PRINTER'S NOS. 1775, 4007
PRINTER'S NO. 4124
THE GENERAL ASSEMBLY OF PENNSYLVANIA
HOUSE BILL
No.
1437
Session of
2019
INTRODUCED BY M. K. KELLER, GALLOWAY, CAUSER, EVERETT, GREINER,
HERSHEY, JONES, JOZWIAK, KLUNK, MILLARD, PASHINSKI, PICKETT,
PUSKARIC, PYLE, ROTHMAN, SCHMITT, SNYDER, STRUZZI, TOOHIL,
ZIMMERMAN, OWLETT, GLEIM, CALTAGIRONE AND HARKINS,
MAY 8, 2019
AS AMENDED ON SECOND CONSIDERATION, IN SENATE, JULY 13, 2020
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 CITY REVITALIZATION AND IMPROVEMENT ZONES,
FURTHER PROVIDING FOR REPORTS AND FOR RESTRICTIONS; AND, in
rural jobs and investment tax credit, further providing for
definitions, for rural growth funds, for requirements, for
rural growth fund failure to comply, for reporting
obligations, for business firms, for tax credit certificates,
for claiming the tax credit, for prohibitions, AND for
revocation of tax credit certificates and for exit.
The General Assembly of the Commonwealth of Pennsylvania
hereby enacts as follows:
Section 1. The definitions of "principal business
operations," "qualified tax liability," "rural business" and
"rural growth investment" in section 1822-G of the act of March
4, 1971 (P.L.6, No.2), known as the Tax Reform Code of 1971, are
<--
<--
<--
<--
<--
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23