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 classes of income.

HB 1467 amends the Tax Reform Code of 1971, specifically redefining what constitutes "compensation" for personal income tax purposes. The bill explicitly removes "tips" and "gratuities" from the definition of compensation. This means that income earned through tips would no longer be considered taxable compensation under the state's personal income tax, directly affecting individuals who receive such income.