Pennsylvania · 2025-2026

HB 1129

An Act amending the act of March 4, 1971 (P.L.6, No.2), known as the Tax Reform Code of 1971, in corporate net income tax, repealing provisions relating to penalties and to repealer and effective date; establishing the Net Operating Loss Transfer Program; and imposing penalties.

Bill record: Open States bulk CSV (bills/votes) CC0-1.0

Summary AI-generated

HB 1129 amends the Tax Reform Code of 1971 regarding corporate net income tax by repealing specific provisions related to penalties and effective dates. The bill establishes the Net Operating Loss Transfer Program and imposes new penalties.

Software-generated, grounded only in the bill's own fields (it does not invent outcomes, amounts, or dates). Provenance: Open States bulk CSV (bills/votes) CC0-1.0 GovTally LLM enrichment (local oMLX)

Issue tags AI-classified

Classified by a local model from the bill's text; confidence shown. GovTally LLM enrichment (local oMLX)

Sponsors + 15 cosponsors

Roll-call votes on this bill

QuestionChamberResultYeaNayOtherDateSource
Committee vote (Appropriations): Re-report Bill As Committed lower pass 37 0 0 Jan 28, 2026 Open States bulk CSV (bills/votes) CC0-1.0
FINAL PASSAGE lower pass 196 1 0 Jan 28, 2026 Open States bulk CSV (bills/votes) CC0-1.0
Committee vote (Finance): Adopt Amendment lower pass 26 0 0 Jul 1, 2025 Open States bulk CSV (bills/votes) CC0-1.0
Committee vote (Finance): Report Bill As Amended lower pass 24 2 0 Jul 1, 2025 Open States bulk CSV (bills/votes) CC0-1.0