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| THE GENERAL ASSEMBLY OF PENNSYLVANIA |
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| HOUSE BILL |
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| INTRODUCED BY BENNINGHOFF, AUMENT, BAKER, BOYD, B. BOYLE, BRADFORD, D. COSTA, CREIGHTON, DALEY, J. EVANS, FLECK, GINGRICH, GODSHALL, GOODMAN, HARHART, HARKINS, KAUFFMAN, MURT, RAPP, ROCK, ROSS, SWANGER, TOOHIL, VULAKOVICH AND YOUNGBLOOD, SEPTEMBER 29, 2011 |
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| REFERRED TO COMMITTEE ON FINANCE, SEPTEMBER 29, 2011 |
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| AN ACT |
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1 | Amending the act of March 4, 1971 (P.L.6, No.2), entitled "An |
2 | act relating to tax reform and State taxation by codifying |
3 | and enumerating certain subjects of taxation and imposing |
4 | taxes thereon; providing procedures for the payment, |
5 | collection, administration and enforcement thereof; providing |
6 | for tax credits in certain cases; conferring powers and |
7 | imposing duties upon the Department of Revenue, certain |
8 | employers, fiduciaries, individuals, persons, corporations |
9 | and other entities; prescribing crimes, offenses and |
10 | penalties," providing for a tax credit for donated dental |
11 | services. |
12 | The General Assembly of the Commonwealth of Pennsylvania |
13 | hereby enacts as follows: |
14 | Section 1. The act of March 4, 1971 (P.L.6, No.2), known as |
15 | the Tax Reform Code of 1971, is amended by adding an article to |
16 | read: |
17 | ARTICLE XVIII-E |
18 | DENTAL SERVICES DONATION TAX CREDIT |
19 | Section 1801-E. Definitions. |
20 | The following words and phrases when used in this article |
21 | shall have the meanings given to them in this section unless the |
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1 | context clearly indicates otherwise: |
2 | "Department." The Department of Revenue of the Commonwealth. |
3 | "Pass-through entity." Any of the following: |
4 | (1) A partnership, limited partnership, limited |
5 | liability company, business trust or other unincorporated |
6 | entity that for Federal income tax purposes is taxable as a |
7 | partnership. |
8 | (2) A Pennsylvania S corporation. |
9 | "Practice of dentistry." As defined in section 2 of the act |
10 | of May 1, 1933 (P.L.216, No.76), known as The Dental Law. |
11 | "Qualified tax liability." The liability for taxes imposed |
12 | under Article III, IV or VI. The term includes the liability for |
13 | taxes imposed under Article III on the owner of a pass-through |
14 | entity. |
15 | "Tax credit." The tax credit for donated dental services |
16 | under this article. |
17 | "Taxpayer." An entity subject to tax under Article III, IV |
18 | or VI. The term includes a pass-through entity. |
19 | Section 1802-E. Tax credit. |
20 | A taxpayer that engages in the practice of dentistry and |
21 | donates dental services may claim a tax credit equal to 50% of |
22 | the aggregate cost of the services donated in the taxable year |
23 | against the qualified tax liability of the taxpayer, not to |
24 | exceed $5,000. Only the actual cost of dental services donated |
25 | may be used to calculate the tax credit. |
26 | Section 1803-E. Guidelines. |
27 | The department shall adopt guidelines, including forms, |
28 | necessary to administer this article. The department may require |
29 | proof of the claim for tax credit. |
30 | Section 1804-E. Applicability. |
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1 | This article shall apply to taxable years beginning after |
2 | December 31, 2011. |
3 | Section 2. This act shall take effect immediately. |
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