A01076
THE GENERAL ASSEMBLY OF PENNSYLVANIA
HOUSE BILL
No.
1303
Session of
2021
INTRODUCED BY ORTITAY, GROVE, RYAN, KEEFER, ROZZI AND THOMAS,
APRIL 29, 2021
REFERRED TO COMMITTEE ON FINANCE, APRIL 29, 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 tax credit eligibility, further providing for
definitions and for eligibility and providing for application
and administration, for assessment, for administering agency
training, for broker registration, for tax credit and tax
benefit reports, for allocation of tax credits awarded upon
appeal and for guidelines; in research and development tax
credit, further providing for credit for research and
development expenses, for carryover, carryback, refund and
assignment of credit and for report to General Assembly; in
keystone innovation zones, further providing for keystone
innovation zone tax credits and for annual report; in
procedure and administration, further providing for petition
for reassessment, for petition procedure and for review by
board; 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:
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28