The Finance Committee met on Tuesday November 19, 2019 to consider the following bills:
HB 1982, PN 2895 (Benninghoff) – This bill amends Title 71 (State Government) to allow SERS to allow eligible employers to pay off their unfunded actuarial liability in advance. The bill was reported as committed (unanimously).
HB1100, PN 1593 (Kaufer) – This bill amends Tax Reform Code to create the Energy and Fertilizer Manufacturing Tax Credit to provide for a credit equal to $0.05 per gallon of qualified product purchased and used in the manufacturing of petrochemicals or fertilizers in Pennsylvania. The bill was reported as committed by a vote of 7-3.
The Senate Finance Committee met Tuesday, January 29, 2019 and reported the following bill out of committee:
Senate Bill 113 (DiSanto): Amends the Public Employee Pension Forfeiture Act, further providing for definitions, for disqualification and forfeiture of benefits and for restitution for monetary loss; and repealing a retroactivity provision. The bill was reported out unanimously.
Senator John Blake