Farm Show transaction, gaming expansion money leads state revenue to exceed expectations

Farm Show transaction, gaming expansion money leads state revenue to exceed expectations

The Department of Revenue and the Independent Fiscal Office released information Thursday on how state revenue collections matched up with expectations, and both reported that January revenue numbers exceeded expectations.

Thursday, February 1, 2018/Author: Jason Gottesman
Categories: News and Views
House bill eliminating inheritance tax for minors clears Senate committee

House bill eliminating inheritance tax for minors clears Senate committee

The Senate Finance Committee Wednesday unanimously approved a House proposal that would eliminate the inheritance tax for minors when the transfer of property comes from a deceased parent, adoptive parent, or stepparent.

 

The bill, House Bill 291 sponsored by Rep. Carl Walker Metzgar (R-Somerset), cleared the House in April 2017 along a strong bipartisan vote of 176-21.

Wednesday, January 31, 2018/Author: Jason Gottesman
Categories: News and Views
Philadelphia taxes get state legislative spotlight

Philadelphia taxes get state legislative spotlight

Two Philadelphia-specific taxes got the legislative spotlight Tuesday as the Senate Local Government Committee held a hearing on the city’s beverage tax and the House Finance Committee held a hearing examining legislation to alter the city’s wage tax.

Tuesday, October 17, 2017/Author: Jason Gottesman
Gov. Wolf’s tax plan gets House floor vote, Democrats said move was a political stunt

Gov. Wolf’s tax plan gets House floor vote, Democrats said move was a political stunt

Due to some procedural wrangling Monday, Gov. Tom Wolf’s revenue plans was voted on by the entire House chamber Monday afternoon.

While Republicans said the vote was necessary to fund another amendment providing for the governor's spending plan, Democrats in the chamber called the maneuver a political stunt.

Monday, June 1, 2015/Author: Jason Gottesman
Categories: News and Views
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