An Act amending the act of March 4, 1971 (P.L.6, No.2), known as the Tax Reform Code of 1971, in gross receipts tax, further providing for imposition of tax.

This bill amends Pennsylvania’s tax law to impose a new tax on gross receipts generated by certain companies. Specifically, it applies a 45-mill tax rate (plus a 5-mill surtax) to the gross receipts of pipeline companies, steamboat companies, telephone companies, telegraph companies, and providers of mobile telecommunications services, as well as digital advertising services displayed on a digital interface within the state. Certain types of revenue, including sales of Internet access, resale of telecommunications services, and sales of telephones and related accessories, are exempt. A specific exemption also exists for broadcast and news media entities.