Pennsylvania SB1490: An Act amending the act of March 4, 1971 (P.L.6, No.2), known as the Tax Reform Code of 1971, in realty transfer tax, further providing for excluded transactions.

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," in realty transfer tax, further providing for excluded transactions.

From the introduced text, October 13, 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," in realty transfer tax, further providing for excluded transactions. The General Assembly of the Commonwealth of Pennsylvania hereby enacts as follows: Section 1. Section 1102-C.3 of the act of March 4, 1971 (P.L.6, No.2), known as the Tax Reform Code of 1971, is amended by adding a clause to read: Section 1102-C.3. Excluded Transactions.--The tax imposed by section 1102-C shall not be imposed upon: * * * (26) A transfer of real estate from the surviving spouse or minor child of an individual covered under the act of June 24, 1976 (P.L.424, No.101), referred to as the Emergency and Law Enforcement Personnel Death Benefits Act, if the following apply: (i) The covered individual died as a result of the performance of duties as a covered individual. (ii) One of the following: (A) The real estate was the principal residence of the surviving spouse or minor child and also the principal residence of the covered individual. (B) In the …

Read the full official text