Bill Text: PA HB283 | 2009-2010 | Regular Session | Introduced


Bill Title: In research and development tax credit, further providing for termination of tax credit.

Spectrum: Slight Partisan Bill (Republican 40-14)

Status: (Introduced - Dead) 2009-02-06 - Referred to FINANCE [HB283 Detail]

Download: Pennsylvania-2009-HB283-Introduced.html

  

 

    

PRINTER'S NO.  303

  

THE GENERAL ASSEMBLY OF PENNSYLVANIA

  

HOUSE BILL

 

No.

283

Session of

2009

  

  

INTRODUCED BY SAYLOR, BEAR, ELLIS, ROHRER, SCAVELLO, BARRAR, BENNINGHOFF, BOYD, BRENNAN, CALTAGIRONE, CAUSER, CLYMER, CREIGHTON, DePASQUALE, EVERETT, FAIRCHILD, FLECK, GABLER, GEIST, GIBBONS, GINGRICH, GROVE, HARPER, HESS, HICKERNELL, HORNAMAN, HUTCHINSON, M. KELLER, KILLION, KORTZ, KOTIK, LONGIETTI, MARSICO, MELIO, MILLER, MOUL, MURT, MUSTIO, MYERS, O'NEILL, PHILLIPS, PICKETT, RAPP, REICHLEY, ROAE, ROCK, SIPTROTH, TALLMAN, TURZAI AND VULAKOVICH, FEBRUARY 6, 2009

  

  

REFERRED TO COMMITTEE ON FINANCE, FEBRUARY 6, 2009  

  

  

  

AN ACT

  

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Amending the act of March 4, 1971 (P.L.6, No.2), entitled "An

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act relating to tax reform and State taxation by codifying

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and enumerating certain subjects of taxation and imposing

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taxes thereon; providing procedures for the payment,

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collection, administration and enforcement thereof; providing

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for tax credits in certain cases; conferring powers and

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imposing duties upon the Department of Revenue, certain

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employers, fiduciaries, individuals, persons, corporations

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and other entities; prescribing crimes, offenses and

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penalties," in research and development tax credit, further

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providing for termination of tax credit.

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The General Assembly of the Commonwealth of Pennsylvania

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hereby enacts as follows:

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Section 1.  Section 1712-B of the act of March 4, 1971 (P.L.

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6, No.2), known as the Tax Reform Code of 1971, amended July 12,

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2006 (P.L.1137, No.116), is repealed:

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[Section 1712-B.  Termination.--The department shall not

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approve a research and development tax credit under this article

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for taxable years ending after December 31, 2015.]

 


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Section 2.  This act shall take effect July 1, 2009, or

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immediately, whichever is later.

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