SB 10312025–2026
bill
2025–2026 Regular Session · State Senate bill
SB 1031
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.
In committee Last action October 3, 2025: Referred to Finance
Official bill page and text: palegis.us
Sponsors 5
- Prime sponsor
- Lisa Boscola
- Cosponsors (4)
- Elder Vogel, Frank Farry, Jay Costa, Nick Miller
Status
In committee as of October 3, 2025. Session ends November 30, 2026; the 2027–2028 session begins in January 2027.
Roll-call votes 0
No roll-call votes recorded for this measure.
Timeline 1
| Date | Chamber | Action |
|---|---|---|
| October 3, 2025 | Senate | Referred to Finance |
Data: Open States (API v3; public data, attribution appreciated), updated November 5, 2026. Official record: palegis.us. Bill pages link to the official text, not copied.