PRIOR PRINTER'S NO. 1664 PRINTER'S NO. 1778
THE GENERAL ASSEMBLY OF PENNSYLVANIA
SENATE BILL
No. 1225
Session of
2024
INTRODUCED BY PHILLIPS-HILL, PENNYCUICK, LAUGHLIN, VOGEL,
DiSANTO, ARGALL, MILLER AND ROTHMAN, MAY 31, 2024
SENATOR HUTCHINSON, FINANCE, AS AMENDED, JUNE 25, 2024
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; or <--
11 AND <--
12 (4) one-quarter per cent of the amount of the tax collected
13 on taxable revenue in excess of one million dollars
14 ($1,000,000).
15 Section 2. This act shall take effect in 60 days.
20240SB1225PN1778 - 2 -


Statutes/Laws affected:
Printer's No. 1664: P.L.6, No.2
Printer's No. 1778: P.L.6, No.2