SENATE AMENDED
PRIOR PRINTER'S NOS. 1093, 1630, 2658
PRINTER'S NO. 3497
THE GENERAL ASSEMBLY OF PENNSYLVANIA
HOUSE BILL
No.
1059
Session of
2021
INTRODUCED BY HICKERNELL, BROOKS, CIRESI, DUNBAR, FREEMAN,
GREINER, JAMES, JOZWIAK, MENTZER, MILLARD, PICKETT, RYAN,
SAINATO, SAYLOR, THOMAS, ZIMMERMAN, RADER AND ARMANINI,
MARCH 31, 2021
SENATOR HUTCHINSON, FINANCE, IN SENATE, AS AMENDED,
SEPTEMBER 20, 2022
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
declarations of estimated tax.
The General Assembly of the Commonwealth of Pennsylvania
hereby enacts as follows:
Section 1. Section 325(a) and (d) introductory paragraph of
the act of March 4, 1971 (P.L.6, No.2), known as the Tax Reform
Code of 1971, are amended to read:
Section 325. Declarations of Estimated Tax.--(a) (1) Every
resident and nonresident individual, trust and estate shall at
the time hereinafter prescribed make a declaration of his or its
estimated tax for the taxable year, containing such information
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
as the department may prescribe by regulations, if his or its
income, other than from income on which tax is withheld under
this article, can reasonably be expected to exceed [eight
thousand dollars ($8,000).] the following dollar amount for the
applicable taxable year:
TAXABLE YEAR DOLLAR AMOUNT
2022 2023 and prior $8,000
2023 2024 9,500
2024 2025 11,000
2025 2026 14,000
2026 2027 17,000
2027 2028 20,000
(2) For taxable years beginning after December 31, 2027
2028 , the dollar amount under paragraph (1) shall increase
annually by five hundred dollars ($500). The department shall
submit a notice containing the new dollar amount for the taxable
year to the Legislative Reference Bureau for publication in the
Pennsylvania Bulletin.
* * *
(d) Except as hereinafter provided, the date for filing a
declaration of estimated tax shall depend upon when the resident
or nonresident individual, trust or estate determines that his
or its income on which no tax has been withheld under this
article can reasonably be expected to exceed [eight thousand
dollars ($8,000) in the taxable year,] the dollar amount under
subsection (a), as follows:
* * *
Section 2. The amendment of section 325(d) of the act shall
apply to taxable years beginning after December 31, 2021 2022.
Section 3. This act shall take effect immediately.
20210HB1059PN3497 - 2 -
<--<--
<--
<--
<--
<--
<--
<--
<--<--
<--<--
<--
<--
<--
<--
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30