Bill
HB 1815
Overview: HB 1815, An Act repealing the act of July 12, 1935 (P.L.970, No.314), known as the Individual Net Income Tax Act. The bill was referred to the Finance committee and was i
Overview: HB 1815, An Act repealing the act of July 12, 1935 (P.L.970, No.314), known as the Individual Net Income Tax Act. The bill was referred to the Finance committee and was introduced on August 22, 2025.
Purpose and Intent: The main goal of this bill is to repeal the state's Individual Net Income Tax Act, which currently imposes a tax on the net income of individuals.
Key Provisions:
- Fully repeals the Individual Net Income Tax Act of 1935
- Eliminates the state's individual income tax, which is currently levied on residents' net taxable income
Affected Parties and Impacts: The repeal of the individual income tax would directly benefit all state residents by reducing their overall tax burden. However, it would also significantly reduce state tax revenue, which could impact funding for public services and programs.
Procedural and Timeline Considerations: The bill has been referred to the Finance committee for further review and consideration. If passed by the committee and the full legislature, and signed into law, the repeal of the individual income tax would take effect at the start of the next tax year.
Compiled from official sources — confirm details with the bill’s official record.
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