An Act amending the act of March 4, 1971 (P.L.6, No.2), known as the Tax Reform Code of 1971, providing for tax amnesty program for fiscal year 2025-2026.

HB 1694 creates a tax amnesty program under Pennsylvania's Tax Reform Code for fiscal year 2025-2026, allowing eligible taxpayers to settle past tax debts without penalties or interest. The program applies to unpaid taxes (including interest and fees) delinquent between 2020-2024, specifically for taxpayers who filed returns but underreported, failed to file, or have unknown liabilities. Taxpayers must file required returns and pay the full tax amount during a 90-day amnesty period ending June 30, 2026, and cannot participate in future amnesty programs. Excluded are taxpayers under criminal investigation or prosecution for tax-related offenses. This bill directly affects individuals and businesses with overdue tax obligations from 2020-2024.