An Act amending the act of March 4, 1971 (P.L.6, No.2), known as the Tax Reform Code of 1971, in tax credit and tax benefit administration, further providing for definitions; and providing for Pennsylvania Individual Recruitment and Retention Tax Credit.

HB 334 creates a $2,500 Pennsylvania Individual Recruitment and Retention Tax Credit for specific new professionals who move to the state after December 2024. It directly affects qualifying taxpayers certified in teaching (e.g., instructional or special education certificates), law enforcement (e.g., police academy graduates), or healthcare (e.g., registered nurses) who become Pennsylvania residents and secure employment in those fields. The credit reduces their state income tax bill for wages earned in qualifying roles, available for three consecutive years (including the first qualifying year), and requires proof of certification to the Department of Revenue. The credit expires December 31, 2030, and applies only to individuals becoming qualifying taxpayers between 2025 and 2027.