Pennsylvania HB141 amends personal income tax rates for residents and nonresidents.

HB141 modifies the personal income tax rates in Pennsylvania. It sets the tax rate for resident individuals, estates, and trusts at three and seven hundredths percent for taxable years starting after December 31, 2025. For nonresidents, the tax rate is set at nine and seven hundredths percent for the same period. The bill also specifies that certain classes of income for resident trusts and nonresident trusts from sources within Pennsylvania will be taxable to the grantor or another person under specific conditions. The changes take effect immediately upon enactment.

Pennsylvania HB141 amends personal income tax rates for residents and nonresidents.

HB141 modifies the personal income tax rates in Pennsylvania. It sets the tax rate for resident individuals, estates, and trusts at three and seven hundredths percent for taxable years starting after December 31, 2025. For nonresidents, the tax rate is set at nine and seven hundredths percent for the same period. The bill also specifies that certain classes of income for resident trusts and nonresident trusts from sources within Pennsylvania will be taxable to the grantor or another person under specific conditions. The changes take effect immediately upon enactment.