Budget & Taxes (Business Taxes)

in committee · Pennsylvania · House Jun 10, 2025

HB 1582: An Act amending the act of December 31, 1965 (P.L.1257, No.511), known as The Local Tax Enabling Act, in local taxes, further providing for delegation of taxing powers and restrictions thereon, for payroll tax and for limitations on rates of specific taxes and providing for expiration of business gross receipts tax.

HB 1582 amends Pennsylvania's Local Tax Enabling Act to adjust how local governments can delegate tax collection authority and set restrictions on that delegation. It establishes specific rate limits for certain local taxes, including payroll tax, and sets an expiration date for the business gross receipts tax. These changes directly affect local governments and businesses that pay payroll or gross receipts taxes. The bill focuses on clarifying taxing authority rules and limiting tax rates rather than creating new taxes.

Topics ✗ Budget & TaxesOpposes Budget & TaxesBill imposes rate limits on local taxes, restricts delegation of taxing powers, and expires business gross receipts tax, directly limiting tax authority and rates per bill language.95% confidence

Sub-Topics Business Taxes

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in committee · Pennsylvania · Senate Jul 8, 2025

SB 910: An Act amending the act of March 4, 1971 (P.L.6, No.2), known as the Tax Reform Code of 1971, providing for natural gas severance tax; and repealing expiration provision relating to unconventional gas well fees.

SB 910 creates a new 6.5% severance tax on natural gas extracted at the wellhead in Pennsylvania, starting January 1, 2026. It directly affects natural gas producers (businesses extracting gas for sale or commercial use), excluding those working with storage fields or coal bed methane. The bill requires producers to report monthly gas volumes and pay taxes within 15 days of each reporting period, with revenues deposited into the state General Fund. It also repeals an expiration provision for unconventional gas well fees, ensuring those fees remain in effect.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates new 6.5% severance tax on natural gas producers, directing revenue to state General Fund, directly increasing tax revenue for state budget.95% confidence

Sub-Topics Business Taxes State Budget

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in committee · Pennsylvania · Senate Jun 22, 2026

SB 792: An Act amending the act of March 4, 1971 (P.L.6, No.2), known as the Tax Reform Code of 1971, in research and development tax credit, further providing for definitions, for credit for research and development expenses and for limitation on credits.

SB 792 sets annual limits on Pennsylvania's research and development (R&D) tax credit program. It caps total annual credits at $120 million, with $24 million specifically reserved for small businesses. Unused portions of either the small business allocation or the general allocation can roll over to the other group if not fully claimed in a given year. This bill directly affects businesses claiming R&D tax credits in Pennsylvania, particularly small businesses that receive priority funding. The change modifies the existing tax credit structure under the 1971 Tax Reform Code.

Topics ✗ Budget & TaxesOpposes Budget & TaxesBill caps R&D tax credit at $120M total, restricting credit availability and limiting program funding per tax policy framework.95% confidence ✓ TechnologySupports TechnologyBill provides R&D tax credits with $24M reserved for small tech businesses, directly funding technology innovation through tax incentives.90% confidence

Sub-Topics Business Taxes Tax Credits Tags Small Business

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in committee · Pennsylvania · Senate Jun 18, 2025

SB 853: An Act amending the act of March 4, 1971 (P.L.6, No.2), known as the Tax Reform Code of 1971, providing for small business minimum wage increase tax credit.

SB 853 creates a tax credit for small Pennsylvania businesses (with 50 or fewer full-time equivalent employees) affected by minimum wage increases. It allows employers to claim a credit equal to 50% of the wage increase cost in the first year after a minimum wage hike, and 25% in the second year, against their state tax liability. Unused credit can be carried over for up to three years but cannot be refunded or carried back. Pass-through businesses may also transfer unused credits to owners in proportion to their share of business income.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates tax credit reducing state tax liability for small businesses affected by minimum wage hikes, providing tax relief for middle-income employers.95% confidence ✓ Labor & EmploymentSupports Labor & EmploymentProvides tax credit to help small businesses comply with minimum wage hikes, supporting worker wage increases without restricting employer obligations.85% confidence

Sub-Topics Business Taxes Tax Credits Minimum Wage Tags Small Business

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in committee · Pennsylvania · House Oct 17, 2025

HB 1960: An Act providing for an exemption to a business income and receipts tax imposed by a city of the first class.

The bill provides a tax exemption for certain businesses subject to a city of the first class's business income and receipts tax. It directly affects businesses operating within designated cities that impose this specific tax. The context does not specify the exact scope of the exemption (e.g., business types, tax rate thresholds, or duration), so key mechanisms cannot be detailed. As a procedural tax exemption measure, it does not describe specific policy changes beyond creating the exemption framework. More details about the exemption's terms are needed for a complete summary.

Topics ✗ Budget & TaxesOpposes Budget & TaxesTax exemption reduces city tax revenue, weakening the tax base for municipal budgets.90% confidence

Sub-Topics Business Taxes Sales Tax Tax Incentives

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