Pennsylvania SB1389: An Act amending the act of March 4, 1971 (P.L.6, No.2), known as the Tax Reform Code of 1971, providing for Small Business Health Care Premiums Contribution Tax Credit.

What the bill says

An act relating to tax reform and State taxation by codifying and enumerating certain subjects of taxation and imposing taxes thereon; providing procedures for the payment, collection, administration and enforcement thereof; providing for tax credits in certain cases; conferring powers and imposing duties upon the Department of Revenue, certain employers, fiduciaries, individuals, persons, corporations and other entities; prescribing crimes, offenses and penalties," providing for Small Business Health Care Premiums Contribution Tax Credit.

From the introduced text, June 26, 2026:

An act relating to tax reform and State taxation by codifying and enumerating certain subjects of taxation and imposing taxes thereon; providing procedures for the payment, collection, administration and enforcement thereof; providing for tax credits in certain cases; conferring powers and imposing duties upon the Department of Revenue, certain employers, fiduciaries, individuals, persons, corporations and other entities; prescribing crimes, offenses and penalties," providing for Small Business Health Care Premiums Contribution Tax Credit. The General Assembly of the Commonwealth of Pennsylvania hereby enacts as follows: Section 1. The act of March 4, 1971 (P.L.6, No.2), known as the Tax Reform Code of 1971, is amended by adding an article to read: ARTICLE XIX-L SMALL BUSINESS HEALTH CARE PREMIUMS CONTRIBUTION TAX CREDIT Section 1901-L. Scope of article. This article establishes the Small Business Health Care Premiums Contribution Tax Credit. Section 1902-L. Definitions. The following words and phrases when used in this article shall have the meanings given to them in this section unless the context clearly indicates otherwise: "Aggregate contribution." The total of the first $1,000 of the contribution payment per employee during the taxable year. The term shall not include any contribution payments toward an individual coverage health reimbursement arrangement that do not meet the affordability requirements as calculated by the Exchange Authority. "Contribution." A payment made by a qualified taxpayer …

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