PRINTER'S NO. 478
THE GENERAL ASSEMBLY OF PENNSYLVANIA
HOUSE BILL
No.
514
Session of
2021
INTRODUCED BY DeLUCA, HILL-EVANS, BROOKS, McNEILL, CIRESI,
FRANKEL AND FREEMAN, FEBRUARY 11, 2021
REFERRED TO COMMITTEE ON FINANCE, FEBRUARY 11, 2021
AN ACT
Amending the act of November 26, 1997 (P.L.508, No.55), entitled
"An act providing for the tax exemption of institutions of
purely public charity; exempting real property owned by
State-related universities or Federal Government
instrumentalities from taxation; providing for unfair
competition; imposing penalties; and making repeals," further
providing for definitions and for criteria for institutions
of purely public charity.
The General Assembly of the Commonwealth of Pennsylvania
hereby enacts as follows:
Section 1. Section 3 of the act of November 26, 1997
(P.L.508, No.55), known as the Institutions of Purely Public
Charity Act, is amended by adding definitions to read:
Section 3. Definitions.
The following words and phrases when used in this act shall
have the meanings given to them in this section unless the
context clearly indicates otherwise:
* * *
"Restrictive covenant not to compete." An agreement between
an employer and an employee that is designed to impede the
ability of the employee to compete with the employer when a
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