- The Pennsylvania House of Representatives unanimously passed legislation authored by Rep. Keith Greiner (R-Lancaster) on Wednesday to change the due date of state corporate tax returns from 30 days after the due date of the federal return, to the 15th day of the month following the due date of the federal return.
Of greater significance, House Bill 766
also includes an amendment authored by Greiner which provides temporary authorizations for the Department of Revenue and the Department of Community and Economic Development, through coordination with the governing bodies and local agencies of political subdivisions, to extend the filing and payment deadlines for annual local income taxes to May 17, 2021. May 17 is currently the deadline for federal and state tax returns. The amendment also requires the waiver of any interest, penalty, or additional tax that may have otherwise been assessed or accrued for the failure to file or remit a payment for state and local tax liabilities through the extended deadline.
“I’m very pleased that we had bipartisan support for this legislation to move forward,” said Greiner. “I encourage my Senate colleagues to approve this legislation soon to bring much-needed clarity for Pennsylvania taxpayers.”
After a fiscal year in which many businesses were struggling to stay afloat due to the COVID-19 pandemic and related regulations, Greiner authored House Bill 766 to create more predictability and eliminate confusion regarding corporate taxpayer due dates. More significantly, however, the legislation provides for individual taxpayers’ returns to be filed in conjunction with federal and state returns.
House Bill 766 now goes to the Senate for consideration.
Representative Keith Greiner
Pennsylvania House of Representatives
Media Contact: Alison Haas