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Key Votes

HB 2626 - Authorizes Employers to Keep Income Taxes Paid by their Employees - Key Vote

Pennsylvania Key Votes

Ron Miller voted Nay (Concurrence Vote) on this Legislation.

Read statements Ron Miller made in this general time period.

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Stage Details

Legislation - Signed (Executive) -

Title: Authorizes Employers to Keep Income Taxes Paid by their Employees

Legislation - Concurrence Vote Passed (House) (111-80) - (Key vote)

Title: Authorizes Employers to Keep Income Taxes Paid by their Employees

Vote Smart's Synopsis:

Vote to concur with Senate amendments and pass a bill that authorizes qualified companies to retain 95 percent of employees' income taxes.

Highlights:
  • Authorizes a qualified company to retain 95 percent of a new employee’s income tax once the company enters into an agreement with the Department of Revenue (Secs. 301, 302 & 304).
  • Defines a “qualified company” as one that meets certain criteria, including but not limited to, the following (Sec. 103):
    • It is a for-profit corporation, partnership, or other entity;
    • It agrees to create at least 250 new jobs in Pennsylvania within a specified period of time; and
    • It provides health insurance coverage to full-time employees and pays at least 50 percent of the health insurance premium.
  • Specifies that the qualified company can retain 95 percent of a new employee’s income tax for the following time periods (Sec. 302):
    • 7 years if new employees are compensated at 100 percent of the county average wage;
    • 8 years if new employees are compensated at 110 percent of the county average wage;
    • 9 years if new employees are compensated at 120 percent of the county average wage; and
    • 10 years if new employees are compensated at 140 percent of the county average wage.
  • Requires a qualified company to create 100 new jobs within 2 years of entering into the agreement with the Department of Revenue (Sec. 301).
  • Limits the annual aggregate amount of new employees’ income taxes that a qualified company can retain to no more than $5 million (Sec. 313).
  • Prohibits the Department of Revenue from entering into an agreement authorizing a qualified company to retain new employee income taxes with a qualified company after January 1, 2018 (Sec. 314).
Legislation - Bill Passed With Amendment (Senate) (33-16) - (Key vote)

Title: Authorizes Employers to Keep Income Taxes Paid by their Employees

Vote Smart's Synopsis:

Vote to pass a bill that authorizes qualified companies to retain 95 percent of employees' income taxes.

Highlights:
  • Authorizes a qualified company to retain 95 percent of a new employee’s income tax once the company enters into an agreement with the Department of Revenue (Secs. 301, 302 & 304).
  • Defines a “qualified company” as one that meets certain criteria, including but not limited to, the following (Sec. 103):
    • It is a for-profit corporation, partnership, or other entity;
    • It agrees to create at least 250 new jobs in Pennsylvania within a specified period of time; and
    • It provides health insurance coverage to full-time employees and pays at least 50 percent of the health insurance premium.
  • Specifies that the qualified company can retain 95 percent of a new employee’s income tax for the following time periods (Sec. 302):
    • 7 years if new employees are compensated at 100 percent of the county average wage;
    • 8 years if new employees are compensated at 110 percent of the county average wage;
    • 9 years if new employees are compensated at 120 percent of the county average wage; and
    • 10 years if new employees are compensated at 140 percent of the county average wage.
  • Requires a qualified company to create 100 new jobs within 2 years of entering into the agreement with the Department of Revenue (Sec. 301).
  • Limits the annual aggregate amount of new employees’ income taxes that a qualified company can retain to no more than $5 million (Sec. 313).
  • Prohibits the Department of Revenue from entering into an agreement authorizing a qualified company to retain new employee income taxes with a qualified company after January 1, 2018 (Sec. 314).
Legislation - Bill Passed (House) (142-55) -
Legislation - Introduced (House) -

Title: Authorizes Employers to Keep Income Taxes Paid by their Employees

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