HB 34
An Act amending the act of March 4, 1971 (P.L.6, No.2), known as the Tax Reform Code of 1971, in tax credit and tax benefit administration, further providing for definitions; and providing for a disaster lodging tax credit.
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill creates a disaster lodging tax credit for Pennsylvania residents who stay at qualified hotels or recreational campgrounds during a disaster. It amends the state’s tax code to define key terms related to the credit, such as ‘disaster,’ ‘qualified hotel,’ and ‘beneficiary.’ The bill outlines the process for applying for and receiving the credit, including eligibility requirements and limitations on the amount of discounts that can be claimed.
Key provisions
- Establishes a disaster lodging tax credit for residents affected by disasters.
- Defines key terms like ‘disaster,’ ‘qualified hotel,’ and ‘beneficiary’ within the context of the credit.
- Allows qualified hotels and recreational campgrounds to receive a tax credit equal to 100% of the discount provided to a beneficiary.
- Limits the amount of discount that can be claimed to a maximum of 90 nights per accommodation.
- Requires applications for the credit to be submitted by March 31 of the year following the discount provided.
- Specifies a process for the Department of Revenue to review and approve applications.
- Allows unused tax credits to be carried over to succeeding taxable years for a maximum of five years.
- Authorizes the Department of Revenue to promulgate regulations to implement the article.
Who is affected
- Pennsylvania Residents
- Qualified Hotels
- Recreational Campgrounds
- Department of Revenue
- Taxpayers
Sponsors
Official sponsors from legislative records.
Primary sponsor
Cosponsors
Benjamin Sanchez
G. Roni Green
Jose Giral
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