An Act amending the act of March 4, 1971 (P.L.6, No.2), known as the Tax Reform Code of 1971, in personal income tax, further providing for definitions and providing for physical health improvement tax credit.

Summary

The bill adds a new credit to the state personal income tax that lets individuals deduct money spent on eligible sports and fitness activities. Credit limits are $500 per single filer and $1,000 per joint return, and the credit cannot be refunded or carried over. It takes effect for tax years beginning after Dec. 31, 2024.

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