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§ 8711-B. Report to General Assembly

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 72 P.S. Taxation and Fiscal AffairsEffective: July 30, 2021

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 72 P.S. Taxation and Fiscal Affairs
Chapter 5. Tax Reform Code of 1971 (Refs & Annos)
Article XVII-B. Research and Development Tax Credit (Refs & Annos)
Effective: July 30, 2021
72 P.S. § 8711-B
§ 8711-B. Report to General Assembly
The secretary shall submit an annual report to the General Assembly indicating the effectiveness of the credit provided by this article no later than October 1 following the calendar year in which the credits were approved. The report shall include the names of all taxpayers utilizing the credit as of the date of the report and the amount of credits approved and utilized by each taxpayer. Notwithstanding any law providing for the confidentiality of tax records, the information contained in the report shall be public information. The report may also include any recommendations for changes in the calculation or administration of the credit.

Credits

1971, March 4, P.L. 6, No. 2, art. XVII-B, § 1711-B, added 1997, May 7, P.L. 85, No. 7, § 24, effective July 1, 1997. Amended 2003, Dec. 23, P.L. 250, No. 46, § 22, imd. effective; 2021, June 30, P.L. 124, No. 25, § 14, effective in 30 days [July 30, 2021].
72 P.S. § 8711-B, PA ST 72 P.S. § 8711-B
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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