Pennsylvania HB1126 amends personal and corporate income tax laws to allow deductions for free or discounted fitness memberships and introduces a.

Pennsylvania HB1126 amends the personal income tax to allow fitness facilities a deduction for each free or discounted membership provided to a qualified individual, up to the amount paid by other members. It also amends the corporate net income tax to define terms related to fitness facilities and qualified individuals. The bill introduces a personal health investment tax credit for qualified individuals who incur sports and fitness expenses, up to $600 per taxpayer per year.

Pennsylvania HB1126 amends personal and corporate income tax laws to allow deductions for free or discounted fitness memberships and introduces a.

Pennsylvania HB1126 amends the personal income tax to allow fitness facilities a deduction for each free or discounted membership provided to a qualified individual, up to the amount paid by other members. It also amends the corporate net income tax to define terms related to fitness facilities and qualified individuals. The bill introduces a personal health investment tax credit for qualified individuals who incur sports and fitness expenses, up to $600 per taxpayer per year.