§ 3405. Review
Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 12 Pa.C.S.A. Commerce and TradeEffective: November 30, 2004
Effective: November 30, 2004
12 Pa.C.S.A. § 3405
§ 3405. Review
(1) Upon being satisfied that all requirements have been met, the department shall forward the application to the Office of the Budget and the Department of Revenue. The office, in conjunction with the Department of Revenue, shall review the application. Notwithstanding the provisions of section 353(f) of the act of March 4, 1971 (P.L. 6, No. 2),1 known as the Tax Reform Code of 1971, the Department of Revenue may supply the department and the office with information concerning taxes owed or paid by a project user or for which a project user may otherwise be liable or with any other aspect of an applicant's tax liability. The office, in conjunction with the Department of Revenue, shall evaluate all of the following:
(i) The sales tax collected or expected to be collected by the project user pursuant to Article II of the Tax Reform Code of 19712 from activities as a result of the project.
(iii) The expected net increase in personal income tax withheld by the project user as an employer pursuant to Article III of the Tax Reform Code of 19713 from activities as a result of the project.
Credits
2004, April 1, P.L. 200, No. 23, § 1, effective July 1, 2004. Amended 2004, Nov. 30, P.L. 1708, No. 218, § 2, imd. effective.
12 Pa.C.S.A. § 3405, PA ST 12 Pa.C.S.A. § 3405
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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