PRIOR PRINTER'S NO. 2015
PRINTER'S NO. 2073
THE GENERAL ASSEMBLY OF PENNSYLVANIA
SENATE BILL
No.
1326
Session of
2020
INTRODUCED BY BLAKE, HAYWOOD, SANTARSIERO, TARTAGLIONE, HUGHES,
COSTA, MENSCH, BROWNE AND SCHWANK, SEPTEMBER 25, 2020
SENATOR HUTCHINSON, FINANCE, AS AMENDED, OCTOBER 6, 2020
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 tax credit eligibility, further providing for
definitions and for eligibility and providing for independent
audit for tax credits, for additional requirements for
certain tax credits, for independent audit for certain tax
benefits, for additional requirements for certain tax
benefits, for broker licensing, for tax credit
administration, for tax benefit administration and for
guidelines; in research and development tax credit, further
providing for credit for research and development expenses
and for report to General Assembly; in keystone innovation
zones, further providing for keystone innovation zone tax
credits and for annual report; and making editorial changes.
The General Assembly of the Commonwealth of Pennsylvania
hereby enacts as follows:
Section 1. The heading of Article XVII-A.1 of the act of
March 4, 1971 (P.L.6, No.2), known as the Tax Reform Code of
1971, is amended to read:
ARTICLE XVII-A.1
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