Budget & Taxes (Business Taxes)

in committee · Pennsylvania · Senate May 1, 2026

SB 1314: 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 imposition of tax.

SB 1314 amends Pennsylvania's personal income tax law to increase tax rates for taxable years beginning after December 31, 2025. The bill raises the tax rate for residents from 3.7% to 9.7% and for nonresidents earning income from Pennsylvania sources from 3.7% to 9.7%. It also clarifies that income earned by certain trusts is taxable to the grantor rather than the trust itself. These changes directly affect Pennsylvania residents, nonresidents with Pennsylvania income, and individuals who establish or manage trusts.

Topics ✗ Budget & TaxesOpposes Budget & TaxesBill increases personal income tax rates from 3.7% to 9.7%, directly raising the tax burden on residents and nonresidents.95% confidence

Sub-Topics Business Taxes Income Tax

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in committee · Pennsylvania · Senate Jan 30, 2026

SB 1153: An Act amending the act of March 4, 1971 (P.L.6, No.2), known as the Tax Reform Code of 1971, in corporate net income tax, further providing for imposition of tax; and abrogating a regulation.

SB 1153 modifies Pennsylvania's corporate net income tax rules to clarify when remote work performed by employees affects tax liability. It states that work by Pennsylvania-resident employees who work remotely in Pennsylvania less than 50% of their time (and whose primary work location is outside Pennsylvania) is no longer subject to Pennsylvania corporate tax. The bill replaces an existing regulation (61 Pa. Code § 153.23(b)) that conflicted with this change. The amendment applies to tax years beginning after December 31, 2023.

Topics ✗ Budget & TaxesOpposes Budget & TaxesReduces corporate tax liability for remote workers in PA <50% time, decreasing state tax revenue. Explicitly changes tax rules to exclude certain income.90% confidence

Sub-Topics Business Taxes Income Tax

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in committee · Pennsylvania · Senate Oct 3, 2025

SB 1031: An Act amending the act of March 4, 1971 (P.L.6, No.2), known as the Tax Reform Code of 1971, in corporate net income tax, repealing provisions relating to penalties and to repealer and effective date; establishing the Net Operating Loss Transfer Program; and imposing penalties.

SB 1031 amends Pennsylvania's corporate tax code by repealing outdated penalty provisions and establishing a new Net Operating Loss Transfer Program. This program allows corporations with net operating losses to transfer those losses to other corporations, reducing future tax liability for the recipient. The bill also introduces new penalties for failing to comply with the transfer program's requirements. It directly affects corporations operating under Pennsylvania's corporate net income tax system, particularly those with unused losses or those seeking to offset future tax obligations.

Topics ✗ Budget & TaxesOpposes Budget & TaxesBill establishes corporate tax loss transfer program, reducing tax liability for recipients and decreasing state revenue, weakening fiscal management.85% confidence

Sub-Topics Business Taxes Income Tax

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in committee · Pennsylvania · House Mar 3, 2025

HB 760: An Act amending the act of March 4, 1971 (P.L.6, No.2), known as the Tax Reform Code of 1971, in corporate net income tax, further providing for imposition of tax.

HB 760 amends Pennsylvania's corporate net income tax rates under the 1971 Tax Reform Code, directly affecting corporations operating in the state. The bill reduces the annual corporate tax rate from 7.99% for 2025-2025 to 5.99% for 2026-2026, and further lowers it to 4% starting in 2027 and beyond. Key provisions include a phased reduction schedule with specific rates for each taxable year period, replacing prior rate structures. The changes take immediate effect upon enactment, altering the tax burden for corporations filing under Pennsylvania's corporate net income tax system.

Topics ✗ Budget & TaxesOpposes Budget & TaxesBill reduces corporate tax rates from 7.99% to 4%, weakening state tax revenue and fiscal management per the Tax Reform Code amendment.95% confidence

Sub-Topics Business Taxes Income Tax

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in committee · Pennsylvania · House May 6, 2025

HB 1414: An Act amending the act of March 4, 1971 (P.L.6, No.2), known as the Tax Reform Code of 1971, in corporate net income tax, further providing for imposition of tax.

HB 1414 amends Pennsylvania's corporate income tax rates under the 1971 Tax Reform Code. It lowers the annual corporate tax rate for taxable years starting in 2026 (from 7.49% to 6.99%), 2027 (from 6.99% to 5.99%), and 2028 onward (from 6.49% to 4.99%). This directly affects corporations operating in Pennsylvania that pay state corporate income tax. The bill makes these rate changes effective immediately upon enactment.

Topics ✗ Budget & TaxesOpposes Budget & TaxesLowers corporate tax rates (7.49%→4.99%), reducing state revenue and weakening tax base per bill's explicit rate reductions.95% confidence

Sub-Topics Business Taxes Income Tax

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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 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 · 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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