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Bill

HB 1362

An Act establishing the Taxpayer Dividend Program; imposing powers and duties on the State Treasurer and Department of Revenue; and providing for payment of certain taxpayer dividends.

2025-2026 Regular Session Introduced by Jake Banta and 10 co-sponsors

HB 1362 establishes a Pennsylvania Taxpayer Dividend Program requiring state revenue distribution directly to eligible taxpayers through the Treasurer and Revenue Department.

Referred to Finance
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Bill Summary · HB 1362

Legislative bill overview

HB 1362 would establish a "Taxpayer Dividend Program" in Pennsylvania that requires the State Treasurer and Department of Revenue to distribute certain state revenues directly to taxpayers. The bill creates a mechanism for periodic payments to eligible taxpayers, though specific eligibility criteria, payment amounts, and funding sources are not detailed in the title alone.

Why is this important

Taxpayer dividend programs represent a significant shift in how states allocate surplus revenues—moving from general fund appropriations to direct individual payments. This could meaningfully affect state budget flexibility, funding for traditional programs, and individual household finances depending on eligibility and payment size.

Potential points of contention

  • Funding mechanism unclear: The bill's title doesn't specify which revenues would be used for dividends, raising questions about whether this comes from surplus funds, general revenue, or designated sources—and whether other programs would face cuts
  • Eligibility definition: "Certain taxpayers" is vague and could exclude significant portions of residents (residency requirements, income thresholds, tax filing status, etc. remain undefined)
  • Budget predictability: Direct dividend programs complicate state budget planning and could create pressure to expand payments or face political backlash during revenue shortfalls

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

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