Budget & Taxes (Procurement)

HB 842 amends Pennsylvania's Tax Reform Code to create new deductions for realty transfer tax paid on certain home purchases. It directly affects low-to-moderate income buyers (those collecting SSI or with household income ≤215% of federal poverty level) and buyers purchasing primary residences at ≤80% of their county's median home price. The bill allows these buyers to deduct the transfer tax paid from their taxable income, and in the second scenario, the seller also receives this deduction. Counties must submit annual median home price data to the Department of Revenue to implement the price-based deduction. The changes take effect 60 days after enactment.

HB 244 exempts the sale or use of alternative fuel vehicles and hybrid vehicles from Pennsylvania's sales and use tax during 2026 and 2027. It directly affects consumers purchasing qualifying vehicles during those years, as well as dealers and the state's tax administration. The bill requires the Secretary of Environmental Protection to certify eligible vehicle models, using definitions from Pennsylvania's existing Alternative Fuels Incentive Act (2004). This creates a temporary tax break for specific vehicle types to encourage adoption during the 2026-2027 period. The exemption applies only to vehicles meeting the defined criteria and takes effect 60 days after enactment.