PRINTER'S NO. 1215
THE GENERAL ASSEMBLY OF PENNSYLVANIA
SENATE BILL
No.
941
Session of
2021
INTRODUCED BY FLYNN, FONTANA, SCHWANK, YUDICHAK, COSTA, KANE AND
PITTMAN, NOVEMBER 9, 2021
REFERRED TO FINANCE, NOVEMBER 9, 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 city revitalization and improvement zones,
further providing for approval.
The General Assembly of the Commonwealth of Pennsylvania
hereby enacts as follows:
Section 1. Section 1804-C(c) 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 1804-C. Approval.
* * *
(c) Approval schedule.--The Department of Community and
Economic Development shall develop a schedule for the approval
of applications under this section as follows:
(1) Following the effective date of this paragraph,
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
applications for two initial city revitalization and
improvement zones and one pilot zone may be approved.
(2) Beginning in [2016, applications for two additional
zones may] 2022, an application for one additional zone shall
be approved each calendar year.
* * *
Section 2. This act shall take effect in 60 days.
20210SB0941PN1215 - 2 -
1
2
3
4
5
6
7