SB 367 — An Act amending the act of March 4, 1971 (P.L.6, No.2), known as the Tax Reform Code of 1971, in neighborhood improvement zones, providing for contracting authority membership and further providing for confidentiality.

PRINTER'S NO.   315

                     THE GENERAL ASSEMBLY OF PENNSYLVANIA



                        SENATE BILL
                        No. 367
                                                Session of
                                                  2025

     INTRODUCED BY COLEMAN AND MILLER, MARCH 6, 2025

     REFERRED TO INTERGOVERNMENTAL OPERATIONS, MARCH 6, 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 neighborhood improvement zones, further
11      providing for confidentiality.
12      The General Assembly of the Commonwealth of Pennsylvania
13   hereby enacts as follows:
14      Section 1.     Section 1908-B of the act of March 4, 1971
15   (P.L.6, No.2), known as the Tax Reform Code of 1971, is amended
16   to read:
17   Section 1908-B.    Confidentiality.
18      Notwithstanding any law providing for the confidentiality of
19   tax records, the contracting authority and the local taxing
20   authorities shall have access to any reports and certifications
21   filed under this article, and the contracting authority shall
22   have access to any State or local tax information, including
23   taxpayer identification numbers of a qualified business located
 1   in the neighborhood improvement zone, filed by a qualified
 2   business in the neighborhood improvement zone solely for the
 3   purpose of documenting the certifications required by this
 4   article or determining the amount allocated to any uses
 5   specified under section 1904-B(e)(1). The independent auditing
 6   firm hired under section 1904-B(h) shall have access to any
 7   State or local tax information filed by a qualified business
 8   located in the neighborhood improvement zone, including taxpayer
 9   identification numbers, solely for the purpose of performing an
10   audit required by section 1904-B(h). Any other use of the tax
11   information shall be prohibited as provided under law.
12      Section 2.   This act shall take effect in 60 days.




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