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HB1129Introduced in the House

In corporate net income tax, repealing provisions relating to penalties and to repealer and effective date; establishing the Net Operating Loss Transfer Program; and imposing penalties.

EngrossedSenate Finance

Introduced by Paul Friel, District 26

What does this bill do?

Plain-English breakdown

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Official description

An Act amending the act of March 4, 1971 (P.L.6, No.2), known as the Tax Reform Code of 1971, in corporate net income tax, repealing provisions relating to penalties and to repealer and effective date; establishing the Net Operating Loss Transfer Program; and imposing penalties.

Where it stands

Referred to Finance

January 30, 2026

How did lawmakers vote?

HouseStage: House Floor: PN2065, FINAL PASSAGE · January 28, 2026

198

Yes

1

No

0

Absent or Not Voting

199 representatives recorded in this House vote. Colors show vote categories only, not whether a vote was good or bad.

See how each representative voted

Bill history

  1. Referred to Finance

  2. Reported as amended

  3. First consideration

  4. Re-committed to Rules

  5. Re-reported as committed

  6. Laid on the table

  7. Removed from table

  8. Second consideration

  9. Re-committed to Appropriations

  10. Re-reported as committed

  11. Third consideration and final passage (198-1)

  12. In the Senate

  13. Referred to Finance

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