Pennsylvania 2025-2026 Regular Session

Pennsylvania Senate Bill SB729

Introduced
5/12/25  

Caption

In sales and use tax, further providing for time for filing returns.

Impact

The impact of SB729 on state law could be significant, particularly in simplifying the current processes related to sales and use tax returns. By altering deadlines and requirements for tax filings, the bill may alleviate some administrative burdens faced by businesses, especially smaller entities that may struggle with complex tax obligations. This change could ultimately lead to improved compliance rates, resulting in better revenue generation for the state.

Summary

SB729 aims to amend provisions related to sales and use tax, specifically concerning the timeframe for filing tax returns. This bill seeks to streamline the filing process and enhance compliance among businesses, making it easier for them to meet their tax obligations. By potentially providing a more straightforward framework for tax filings, SB729 is intended to assist businesses in maintaining better financial practices while ensuring that the state collects the necessary revenue.

Sentiment

Overall, the sentiment surrounding SB729 appears to be positive among business groups and supporters who view it as a necessary update to outdated tax filing procedures. However, it may face scrutiny from legislators concerned about the implications of any changes to tax structures or the timing of revenue collections. This has led to discussions around ensuring that changes do not unintentionally undermine state funding mechanisms.

Contention

Notable points of contention around SB729 include concerns from some legislators regarding the potential for reduced oversight in the tax collection process. Critics may argue that any modifications to filing deadlines should be approached cautiously to avoid revenue shortfalls. Stakeholders engaged in the legislative discussions have emphasized the importance of maintaining a balanced approach that supports businesses while ensuring the state's fiscal health is not compromised.

Companion Bills

No companion bills found.

Previously Filed As

PA HB1404

In sales and use tax, further providing for time for filing returns.

PA SB396

In sales and use tax, further providing for time for filing returns.

PA SB654

In sales and use tax, further providing for

PA SB1225

In sales and use tax, further providing for discount.

PA HB2278

In sales and use tax, further providing for discount.

PA HB1219

In personal income tax, further providing for classes of income and for special tax provisions for poverty and providing for alternative special tax provisions for poverty; in corporate net income tax, further providing for definitions, for imposition of tax, for reports and payment of tax, for consolidated reports and for manufacturing innovation and reinvestment deduction; in realty transfer tax, further providing for transfer of tax; in tax credit and tax benefit administration, further providing for definitions; in entertainment production tax credit, further providing for definitions, for credit for qualified film production expenses, for carryover, carryback and assignment of credit and for limitations; in Pennsylvania Economic Development for a Growing Economy (PA EDGE) tax credits, providing for biotechnology; in neighborhood assistance tax credit, further providing for tax credit and for grant of tax credit; providing for expanded neighborhood improvement zones; in Pennsylvania Child and Dependent Care Enhancement Tax Credit Program, further providing for credit for child and dependent care employment-related expenses; providing for Public Transportation Trust Fund; and, in general provisions, further providing for underpayment of estimated tax, for method of filing and for allocation of tax credits.

PA SB161

In corporate net income tax, further providing for definitions, for imposition of tax, for reports and payment of tax and for consolidated reports; and, in general provisions, further providing for underpayment of estimated tax.

PA HB1550

In corporate net income tax, further providing for definitions, for imposition of tax, for reports and payment of tax and for consolidated reports; and, in general provisions, further providing for underpayment of estimated tax.

PA HB1462

In corporate net income tax, further providing for definitions, for reports and payment of tax and for consolidated reports; and, in general provisions, further providing for underpayment of estimated tax.

PA SB1051

In corporate net income tax, further providing for definitions; in procedure and administration, further providing for petition for reassessment and for review by board and providing for settlement conference process, for closing agreements and for report to General Assembly; and, in general provisions, further providing for timely filing.

Similar Bills

No similar bills found.