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Finance 2019-2020

The Senate Finance committee met on Tuesday, June 23, 2020 and took the following action:

Reported unanimously as amended:

HB 2484, PN 3880 (White) – This bill would allow nonprofits and charitable trusts to designate up to 10% of the total value of the trust or assets they hold as spendable income, the current limit is 7%. The bill further provides for the investment of trust funds and nonjudicial settlement agreements.

Senator Hutchinson offered amendment A06351 which provides for nonjudicial settlement agreements and will remove sunset provisions in the bill. The amendment also clarifies who can enter into these nonjudicial settlement agreements in order to protect the original donor’s wishes. The amendment was unanimously approved.

Reported as amended by a vote of 8-3:

HB 1437, PN 1775 (Keller) – This bill amends the Tax Reform Code to make revisions to the Rural Jobs and Investment Tax Credit Program and to increase the tax credit from $30 million to $60 million.

Senator Hutchinson offered amendment A06329 which removes language from the bill to reflect current statute.  The amendment lowers the required amount of investment authority for rural jobs from $100 million to $50 million.  Lastly, the amendment clarifies growth fund investment restriction language to ensure that no more than 20% of a rural growth funds investment go towards one rural business. The amendment was approved by a vote of 8-3.

Reported unanimously as committed:

SB 875, PN 1233 (Stefano) – This bill amends the Tax Reform Code to exempt firefighters from the sales and use tax when purchasing protective equipment and accessory communication equipment related to their work. 

SB 1180, PN 1737 (Brooks) – This bill creates a new annual tax credit for volunteer firefighters. Firefighters must be residents of Pennsylvania, active members of a volunteer fire company, have responded to at least 20% of the volunteer fire company’s emergency calls during the prior two year period and active during the time of filling to qualify for the tax credit. The individual would be eligible for an annual $500 tax credit.


The Senate Finance committee met on Monday, June 8, 2020 and took the following action:

Reported unanimously as amended:

HB 2418, PN 3580 (O’Neal) – This bill amends the Administrative Code to provide for a COVID-19 debt cost reduction review, required to be conducted by the Treasury Department by June 30, 2020. Senator Hutchison offered amendment A06015 which extends the due date of the report to October 30, 2020 and amends the required information agencies need to submit to Treasury. Senator Hutchinson also offered amendment A06062 which mends the language from SB 1027 PN 1621 into the bill, which would modify the composition of the State Geospatial Coordinating Board and extend the sunset date of the Board to 2024. Both amendments were approved by a unanimous vote.

Reported as committed by a vote of 9-2:

SB 1036, PN 1543 (Mastriano) – This bill amends the Tax Reform Code to further exempt cervidae (deer, moose, elk, etc.) livestock operations from the Sales and Use Tax, specifically to ensure livestock used for human consumption is not taxed and to exclude cervidae, swine and exotic animals raised for entertainment hunts from taxation.


The Senate Finance Committee met on May 11, 2020 and took the following action:

Reported unanimously as amended:

SB 1041, PN 1546 (K. Ward) – This bill amends the Tax Reform Code to provide a sales tax exemption for multi-purpose agriculture vehicles used for farming. These vehicles are already tax exempt, but this legislation clarifies the applicable uses of these vehicles.

Senator Hutchinson offered amendment A05551 which moves the sales tax exemption language to a more appropriate section of the Tax Reform Code.  The amendment and the bill as amended were passed unanimously.

SB 1100, PN 1612 (Schwank) – This bill will amend the Fiscal Code to exempt certain CARES Act payments from the definition of income for programs such as property tax and rent rebate, PACE/PACENET, childcare subsidies, medical assistance and CHIP.

Senator Blake offered amendment A05512 which is a technical amendment to correct a reference to the Federal Coronavirus Aid, Relief, and Economic Security Act. The amendment and the bill as amended were passed unanimously.

Reported unanimously as committed:

HB 2408, PN 3676 (Markosek) – This bill amends the Fiscal Code to exempt the payment from the Federal Coronavirus Aid, Relief, and Economic Security (CARES) Act from an individual’s state and local taxes.  In addition, this bill would exempt Paycheck Protection Program loan forgiveness from state and local taxes and increase endowment spending limits for nonprofit corporations.


The Senate Finance Committee met on Wednesday, April 29, 2020 and took the following action:

Reported unanimously as committed:

HB 1076, PN 3594 (Hennessey) – This bill allows school districts to create a volunteer property tax relief program for residents to receive a partial property tax credit. Residents must be at least 60 years old and would receive the credit in exchange for volunteer services to the school district. This bill would also extend the application deadline for Property Tax Rent Rebates to Dec. 31, 2020.


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:

As Committed

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

Senator John Blake

Committee Chair