Bill Information

An Act amending the act of March 4, 1971 (P.L.6, No.2), known as the Tax Reform Code of 1971, repealing provisions imposing sales and use tax on computer programming and other computer-related services; increasing the personal income tax rate; further providing for the apportionment of business income, restoring the net operating loss carry forward; reducing the rate of corporate net income tax; and repealing the capital stock and franchise tax.