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| THE GENERAL ASSEMBLY OF PENNSYLVANIA |
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| HOUSE BILL |
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| INTRODUCED BY ADOLPH, KILLION, MICOZZIE, BAKER, BARRAR, BEAR, BELFANTI, BEYER, BOYD, BRENNAN, CARROLL, CREIGHTON, DALEY, DALLY, DENLINGER, FABRIZIO, FAIRCHILD, FLECK, FREEMAN, GEORGE, GIBBONS, GOODMAN, GRELL, GROVE, HARHAI, HARRIS, HELM, HENNESSEY, HESS, HICKERNELL, M. KELLER, W. KELLER, KOTIK, KULA, MAJOR, MANN, MARSHALL, McGEEHAN, MILLER, MUNDY, MURT, MUSTIO, O'NEILL, PHILLIPS, PYLE, QUINN, READSHAW, REICHLEY, ROCK, SANTONI, SCAVELLO, SIPTROTH, K. SMITH, SONNEY, STEVENSON, SWANGER, J. TAYLOR, VULAKOVICH, WATSON, YUDICHAK, PETRARCA AND GINGRICH, APRIL 29, 2009 |
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| REFERRED TO COMMITTEE ON FINANCE, APRIL 29, 2009 |
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| AN ACT |
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1 | Amending the act of June 27, 2006 (1st Sp.Sess., P.L.1873, |
2 | No.1), entitled "An act providing for taxation by school |
3 | districts, for the State funds formula, for tax relief in |
4 | first class cities, for school district choice and voter |
5 | participation, for other school district options and for a |
6 | task force on school cost reduction; making an appropriation; |
7 | prohibiting prior authorized taxation; providing for |
8 | installment payment of taxes; restricting the power of |
9 | certain school districts to levy, assess and collect taxes; |
10 | and making related repeals," further providing for the |
11 | definition of "income"; and providing for the definition of |
12 | "Social Security substitute pension." |
13 | The General Assembly of the Commonwealth of Pennsylvania |
14 | hereby enacts as follows: |
15 | Section 1. The definition of "income" in section 1303 of the |
16 | act of June 27, 2006 (1st Sp.Sess., P.L.1873, No.1), known as |
17 | the Taxpayer Relief Act, is amended and the section is amended |
18 | by adding a definition to read: |
19 | Section 1303. Definitions. |
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1 | The following words and phrases when used in this chapter |
2 | shall have the meanings given to them in this section unless the |
3 | context clearly indicates otherwise: |
4 | * * * |
5 | "Income." All income from whatever source derived, |
6 | including, but not limited to: |
7 | (1) Salaries, wages, bonuses, commissions, income from |
8 | self-employment, alimony, support money, cash public |
9 | assistance and relief. |
10 | (2) The gross amount of any pensions or annuities, |
11 | including railroad retirement benefits for calendar years |
12 | prior to 1999 and 50% of railroad retirement benefits for |
13 | calendar years 1999 [and thereafter] through 2002. |
14 | (3) All benefits received under the Social Security Act |
15 | (49 Stat. 620, 42 U.S.C. § 301 et seq.), except Medicare |
16 | benefits, for calendar years prior to 1999, and 50% of all |
17 | benefits received under the Social Security Act, except |
18 | Medicare benefits, for calendar years 1999 [and thereafter] |
19 | through 2002. |
20 | (4) All benefits received under State unemployment |
21 | insurance laws and veterans' disability payments. |
22 | (5) All interest received from the Federal or any state |
23 | government or any instrumentality or political subdivision |
24 | thereof. |
25 | (6) Realized capital gains and rentals. |
26 | (7) Workers' compensation. |
27 | (8) The gross amount of loss of time insurance benefits, |
28 | life insurance benefits and proceeds, except the first $5,000 |
29 | of the total of death benefit payments. |
30 | (9) Gifts of cash or property, other than transfers by |
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1 | gift between members of a household, in excess of a total |
2 | value of $300. |
3 | The term does not include surplus food or other relief in kind |
4 | supplied by a governmental agency, property tax or rent rebate |
5 | or inflation dividend. For calendar years 2009 and thereafter, |
6 | "income" shall not include 50% of all benefits received under |
7 | the Social Security Act, except Medicare benefits, and 50% of |
8 | any Social Security substitute pension. |
9 | * * * |
10 | "Social Security substitute pension." A pension received as |
11 | a result of a person's employment by a government entity or an |
12 | instrumentality of a government entity if such pension is, in |
13 | whole or in part, provided in lieu of old age and survivors |
14 | benefit payments under the Social Security Act (49 Stat. 620, 42 |
15 | U.S.C. § 301 et seq.). The term includes Tier I railroad |
16 | retirement benefits. The amount of the pension that qualifies as |
17 | a "Social Security substitute pension" shall not exceed the |
18 | maximum Federal old age and survivors benefit payments to which |
19 | an individual eligible for such payments would be entitled, less |
20 | any Federal old age and survivors benefit payments received |
21 | under the Social Security Act for employment covered under such |
22 | act. |
23 | * * * |
24 | Section 2. This act shall apply to claims filed for calendar |
25 | year 2009 and each year thereafter. |
26 | Section 3. This act shall take effect immediately. |
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