PRINTER'S NO. 820
THE GENERAL ASSEMBLY OF PENNSYLVANIA
SENATE BILL
No.
720
Session of
2021
INTRODUCED BY MENSCH, AUMENT, MARTIN, MASTRIANO, STEFANO AND
J. WARD, MAY 28, 2021
REFERRED TO FINANCE, MAY 28, 2021
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
imposition of tax.
The General Assembly of the Commonwealth of Pennsylvania
hereby enacts as follows:
Section 1. Section 302 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 302. Imposition of Tax.--(a) Every resident
individual, estate or trust shall be subject to, and shall pay
for the privilege of receiving each of the classes of income
hereinafter enumerated in section 303, a tax upon each dollar of
income received by that resident during that resident's taxable
year at the rate of [three and seven] two and ninety-nine
hundredths per cent.
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(b) Every nonresident individual, estate or trust shall be
subject to, and shall pay for the privilege of receiving each of
the classes of income hereinafter enumerated in section 303 from
sources within this Commonwealth, a tax upon each dollar of
income received by that nonresident during that nonresident's
taxable year at the rate of [three and seven] two and ninety-
nine hundredths per cent.
Section 2. This act shall take effect in 60 days.
20210SB0720PN0820 - 2 -
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