PRINTER'S NO. 1012
THE GENERAL ASSEMBLY OF PENNSYLVANIA
HOUSE BILL
No.
1023
Session of
2023
INTRODUCED BY FRITZ, OBERLANDER, JAMES, IRVIN, ZIMMERMAN,
OWLETT, CIRESI AND N. NELSON, APRIL 24, 2023
REFERRED TO COMMITTEE ON FINANCE, APRIL 24, 2023
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 personal income tax, further providing for
classes of income.
The General Assembly of the Commonwealth of Pennsylvania
hereby enacts as follows:
Section 1. Section 303 of the act of March 4, 1971 (P.L.6,
No.2), known as the Tax Reform Code of 1971, is amended by
adding a subsection to read:
Section 303. Classes of Income.--* * *
(a.11) The following shall apply:
(1) Any net gain or income derived from or in the form of
rents and royalties from the installation of equipment to expand
access of high-speed broadband service on real property shall be
excluded from income under this article.
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(2) This subsection shall apply to taxable years beginning
after December 31, 2022, through taxable years ending December
31, 2025.
(3) For the purposes of this subsection, the term "high-
speed broadband service" shall mean wireless, wireline or fixed
wireless technology having the capacity to transmit data from or
to the Internet at minimum speeds of at least twenty-five
megabits per second downstream and three megabits per second
upstream or minimum speeds adopted by the Federal Communications
Commission, whichever is greater.
* * *
Section 2. This act shall take effect immediately.
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