PRINTER'S NO. 575
No. 542 Session of 1989
INTRODUCED BY FUMO, SALVATORE, BODACK, HELFRICK, ANDREZESKI,
LYNCH, O'PAKE, REGOLI, DAWIDA, SCANLON, AFFLERBACH, JONES,
LEWIS, MUSTO, STAPLETON, REIBMAN, STOUT AND PORTERFIELD,
FEBRUARY 15, 1989
REFERRED TO FINANCE, FEBRUARY 15, 1989
AN ACT
1 Amending the act of March 4, 1971 (P.L.6, No.2), entitled "An
2 act relating to tax reform and State taxation by codifying
3 and enumerating certain subjects of taxation and imposing
4 taxes thereon; providing procedures for the payment,
5 collection, administration and enforcement thereof; providing
6 for tax credits in certain cases; conferring powers and
7 imposing duties upon the Department of Revenue, certain
8 employers, fiduciaries, individuals, persons, corporations
9 and other entities; prescribing crimes, offenses and
10 penalties," repealing provisions which require the
11 reimbursement of lost income tax revenues from the Lottery
12 Fund to the General Fund.
13 The General Assembly of the Commonwealth of Pennsylvania
14 hereby enacts as follows:
15 Section 1. Section 360 of the act of March 4, 1971 (P.L.6,
16 No.2), known as the Tax Reform Code of 1971, is repealed.
17 Section 2. This act shall apply to all prizes won that are
18 reportable in the tax year beginning January 1, 1989, and each
19 tax year thereafter.
20 Section 3. This act shall take effect immediately.
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