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Bill

HB 1467

An Act amending the act of March 4, 1971 (P.L.6, No.2), known as the Tax Reform Code of 1971, in personal income tax, further providing for classes of income.

2025-2026 Regular Session Introduced by Johanny Cepeda-Freytiz and 9 co-sponsors

Pennsylvania bill modifies personal income tax classifications under the Tax Reform Code, potentially altering how different earnings types are taxed and what deductions apply.

Referred to Finance
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WeVote Research Nonpartisan
Bill Summary · HB 1467

Legislative bill overview

HB 1467 amends Pennsylvania's Tax Reform Code of 1971 to modify how personal income is classified for tax purposes. The bill's specific changes to income classifications are not detailed in the available information, making it difficult to assess the precise scope of the amendment without access to the full text.

Why is this important

Personal income tax classifications directly affect which types of earnings are taxed at different rates and which may qualify for exemptions or deductions. Changes to these classifications can significantly impact tax liability for individuals and families across different income brackets and employment situations.

Potential points of contention

  • Ambiguity about scope: Without knowing which income classes are being modified, stakeholders cannot determine whether this helps lower-income earners, high earners, or specific professions
  • Revenue implications: Any reclassification of income could increase or decrease state tax revenue, affecting budget priorities and potentially requiring offsetting changes elsewhere
  • Competing interests: Bipartisan sponsorship suggests potential compromise, but also indicates disagreement over which income categories should receive preferential treatment

Compiled from official sources — confirm details with the bill’s official record.

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