Skip to content

Senate Finance Committee Approves Tax Reform Bills

Senate Finance Committee Approves Tax Reform Bills

October 6, 2022

Senate Finance Committee Approves Tax Reform Bills

The committee recently approved the following bills:

Senate Bill 1315allows employees who live in Pennsylvania but work for out-of-state corporations to work from home without imposing tax penalties on the employer.

Senate Bill 1320: permits Pennsylvania partnerships and S-corporations to be taxed on income generated at the entity-level.

House Bill 1059provides a five-year phase-in schedule for increasing the threshold for making required quarterly estimated payments under the personal income tax from $8,000 to $20,000, with an annual increase of $500 thereafter.

House Bill 2057: modernizes Pennsylvania corporation laws and related provisions of Title 15 of the Consolidated Statutes to benefit Pennsylvania employers and our economy.

House Bill 2277repeals the requirement for Pennsylvania businesses to remit prepayments for their sales tax collections.

These bills are now before the full Senate. NFIB staff will continue working with legislators on these important reforms.

Get to know NFIB

NFIB is a member-driven organization advocating on behalf of small and independent businesses nationwide.

Receive our newsletter and email notification
Knowledge is power. Let us help you stay informed with breaking legislative news, regulatory updates, business tips, and more.

Related Articles

May 8, 2025
NFIB Applauds Governor Ivey’s Support for Small Business 
Small businesses are the backbone of Alabama’s economy.
Read More
May 6, 2025
Small Business Owners Gather in Harrisburg for NFIB’s Annual…
Small business owners met with lawmakers and elected officials
Read More
April 28, 2025
Conflict Heard on Maine Paid Family Leave Bills
Read More
Harrisburg - State Capitol Building
April 28, 2025
Next Week: NFIB’s Small Business Day in Harrisburg
NFIB’s annual Small Business Day is May 5, 2025
Read More

© 2001 - 2025 National Federation of Independent Business. All Rights Reserved. Terms and Conditions | Privacy Policy | Accessibility