Pennsylvania HB1306 amends personal income tax definitions and classes of income, specifically regarding volunteer firefighters.

Pennsylvania HB1306 amends the Tax Reform Code of 1971 to redefine certain terms and classes of income related to volunteer firefighters. It introduces definitions for "eligible volunteer firefighter," "service award," "volunteer firefighter defined benefit plan," and "volunteer firefighter defined contribution plan." The bill specifies that contributions to a service award program for volunteer firefighters are not considered compensation. It also adds volunteer firefighters to the classes of income. The changes apply to taxable years beginning on or after January 1, 2025.

Pennsylvania HB1306 amends personal income tax definitions and classes of income, specifically regarding volunteer firefighters.

Pennsylvania HB1306 amends the Tax Reform Code of 1971 to redefine certain terms and classes of income related to volunteer firefighters. It introduces definitions for "eligible volunteer firefighter," "service award," "volunteer firefighter defined benefit plan," and "volunteer firefighter defined contribution plan." The bill specifies that contributions to a service award program for volunteer firefighters are not considered compensation. It also adds volunteer firefighters to the classes of income. The changes apply to taxable years beginning on or after January 1, 2025.