Local Tax Enabling Act Amendments (Previously SB 1427)
December 13, 2012 02:08 PM to All Senate Members
Circulated By
Senator Mike Folmer
R Senate District 48
Memo
In the near future, I plan to reintroduce my Senate Bill 1427, amendments to the Local Tax Enabling Act that build upon the reforms of Act 32 of 2008. The previous cosponsors of SB 1427 were: D. White, Eichelberger, Orie, Alloway, and Pileggi.
The proposed changes include:
Thank you.
The proposed changes include:
- Incorporate farmer estimated tax provisions to parallel those used by the Pennsylvania Department of Revenue
- Change the due date of returns if the last day of the month falls on a Saturday, Sunday, or legal holiday
- Add safe harbor estimated tax provisions (i.e., last year’s income, this year’s rates)
- Add income-based exception to estimated tax requirements
- Drop duplicative declaration of income provisions
Thank you.
Legislation
Document - Introduced as SB 491
Last updated on December 13, 2012 02:09 PM
Local Tax Enabling Act Amendments (Previously SB 1427)
December 13, 2012 02:08 PM to All Senate Members
Circulated By
FOLMER
Memo
In the near future, I plan to reintroduce my Senate Bill 1427, amendments to the Local Tax Enabling Act that build upon the reforms of Act 32 of 2008. The previous cosponsors of SB 1427 were: D. White, Eichelberger, Orie, Alloway, and Pileggi.
The proposed changes include:
Thank you.
The proposed changes include:
- Incorporate farmer estimated tax provisions to parallel those used by the Pennsylvania Department of Revenue
- Change the due date of returns if the last day of the month falls on a Saturday, Sunday, or legal holiday
- Add safe harbor estimated tax provisions (i.e., last year’s income, this year’s rates)
- Add income-based exception to estimated tax requirements
- Drop duplicative declaration of income provisions
Thank you.
Document
Introduced as SB 491
Last Updated
December 13, 2012 02:09 PM
Generated 03/23/2025 02:06 AM