Pennsylvania HB1092 establishes the Taxpayer Dividend Program to refund surplus funds to resident taxpayers.
Pennsylvania HB1092 establishes the Taxpayer Dividend Program within the Treasury Department. The program aims to refund a portion of the budget surpluses from the General Fund and the Budget Stabilization Reserve Fund to resident taxpayers. The State Treasurer will disburse taxpayer dividends, up to $1,000 per eligible resident, through checks or automated clearinghouse transactions. The Department of Revenue will determine eligibility and transmit necessary information to the State Treasurer.
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