Senate Finance Committee to Consider Four Bills on Monday

The Senate Finance Committee will consider four bills at 11:30 a.m. on Monday (June 14) in Room 8E-B of the Capitol East Wing, according to Committee Chairman Senator Scott Hutchinson (R-21).

Senate Bill 347, relating to like-kind exchanges and introduced by Senator John DiSanto (R-15), would mirror Pennsylvania law to federal, removing a disadvantage Pennsylvania small businesses face when competing with those in other states.

Senate Bill 447, introduced by Senator Michele Brooks (R-50), would reduce the Corporate Net Income Tax by 0.5 percent every year over a period of six years until it reaches 6.99 percent.

Senate Bill 586, introduced by Senator David Argall (R-29) addresses eligibility for the Historic Preservation Tax Credit Program.

House Bill 952, introduced by Representative Donna Oberlander (R-63), converts the current Computer Data Center Equipment Incentive Program from a Sales and Use Tax refund program to a Sales and Use Tax exemption.

The meeting will be livestreamed at: https://finance.pasenategop.com/.

 

Contact:         Nathan Akers              nakers@pasen.gov