An Act amending the act of March 4, 1971 (P.L.6, No.2), known as the Tax Reform Code of 1971, in personal income tax, further providing for classes of income.

This Pennsylvania bill updates the state's tax code to provide tax relief for victims of Nazi persecution. It specifically exempts from state personal income tax any money received as compensation for the seizure, theft, or forced conversion of income or property that occurred after May 30, 1971. The legislation also clarifies that such compensation is not considered a taxable gain from selling property. These changes apply to tax years starting on or after December 31, 2024, and take effect immediately.