Providing for small business minimum wage increase tax credit.

Also relevant to:Low-income / working-class W-2 worker (non-union)

Where it is in the process

Plain-English Summary

An Act amending the act of March 4, 1971 (P.L.6, No.2), known as the Tax Reform Code of 1971, providing for small business minimum wage increase tax credit.

Source: OpenStates · fetched June 18, 2025

Who it affects

W-2 worker (non-union)indirect

May benefit from increased minimum wage due to the tax credit incentivizing businesses to raise wages.

Low-income / working-classindirect

May benefit from increased minimum wage due to the tax credit incentivizing businesses to raise wages.

AI-extracted

Who This AffectsAI analysis

W-2 worker (non-union)indirectModerate impactMedium certainty
May benefit from increased minimum wage due to the tax credit incentivizing businesses to raise wages.
“providing for small business minimum wage increase tax credit.”· Title
Low-income / working-classindirectModerate impactMedium certainty
May benefit from increased minimum wage due to the tax credit incentivizing businesses to raise wages.
“providing for small business minimum wage increase tax credit.”· Title

What the Bill Does

Amends the Tax Reform Code of 1971.
Establishes a tax credit for small businesses.
The tax credit is related to increasing the minimum wage.

Votes

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