PRINTER'S NO. 49
THE GENERAL ASSEMBLY OF PENNSYLVANIA
HOUSE BILL
No.
73
Session of
2021
INTRODUCED BY KEEFER, RYAN, PICKETT, GREINER, KAUFFMAN, IRVIN,
HAMM, JAMES, GLEIM, GROVE, BROOKS, ZIMMERMAN, COX, GAYDOS,
WEBSTER AND MOUL, JANUARY 11, 2021
REFERRED TO COMMITTEE ON FINANCE, JANUARY 11, 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 entertainment production tax credit, further
providing for carryover, carryback and assignment of credit.
The General Assembly of the Commonwealth of Pennsylvania
hereby enacts as follows:
Section 1. Section 1714-D(c), (e) and (f) of the act of
March 4, 1971 (P.L.6, No.2), known as the Tax Reform Code of
1971, amended June 28, 2019 (P.L.50, No.13), are amended to
read:
Section 1714-D. Carryover, carryback and assignment of credit.
* * *
(c) No carryback [or], refund, sale or assignment.--[A
taxpayer is not entitled to carry back or obtain a refund of] A
taxpayer is not entitled to carry back, obtain a refund, sell or
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