HB 315 — An Act amending the act of March 4, 1971 (P.L.6, No.2), known as the Tax Reform Code of 1971, in sales and use tax, further providing for discount.

PRINTER'S NO.    268

                     THE GENERAL ASSEMBLY OF PENNSYLVANIA



                         HOUSE BILL
                         No. 315
                                               Session of
                                                 2025

     INTRODUCED BY FRIEL, BURGOS, GIRAL, SANCHEZ, GUENST, HILL-EVANS,
        McANDREW, McNEILL, GREEN, BOROWSKI, HARKINS, REICHARD AND
        WEBSTER, JANUARY 23, 2025

     REFERRED TO COMMITTEE ON FINANCE, JANUARY 23, 2025


                                    AN ACT
 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," in sales and use tax, further providing for
11      discount.
12      The General Assembly of the Commonwealth of Pennsylvania
13   hereby enacts as follows:
14      Section 1.    Section 227 of the act of March 4, 1971 (P.L.6,
15   No.2), known as the Tax Reform Code of 1971, is amended to read:
16      Section 227.    Discount.--If a return is filed by a licensee
17   and the tax shown to be due thereon less any discount is paid
18   all within the time prescribed, the licensee shall be entitled,
19   as compensation for the expense of collecting and remitting the
20   tax and as a consideration of the prompt payment of the tax, to
21   credit and apply against the tax payable by the licensee a
22   discount of: [the lesser of:
 1      (1)    one per cent of the amount of the tax collected; or
 2      (2)    as follows:
 3      (i)    twenty-five dollars ($25) per return for a monthly
 4   filer;
 5      (ii)     seventy-five dollars ($75) per return for a quarterly
 6   filer; or
 7      (iii)    one hundred fifty dollars ($150) per return for a
 8   semiannual filer.]
 9      (3)    one per cent of the amount of the tax collected on the
10   first one million dollars ($1,000,000) of taxable revenue; and
11      (4)    one-quarter per cent of the amount of the tax collected
12   on taxable revenue in excess of one million dollars
13   ($1,000,000).
14      Section 2.    This act shall take effect in 60 days.




20250HB0315PN0268                    - 2 -