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PA HB1865

Bill

Official Source

Status

Introduced

9/17/2025

Primary Sponsor

Tarah Probst

Click for details

Origin

House of Representatives

2025-2026 Regular Session

AI Summary

  • Increases Pennsylvania's insurance premiums tax rate from 2% to 8% on gross premiums received by insurance companies transacting business in the Commonwealth
  • Amends Section 902(a) of the Tax Reform Code of 1971
  • Applies to calendar years beginning after December 31, 2025
  • Takes effect immediately upon enactment

Legislative Description

In insurance premiums tax, further providing for imposition of tax.

Last Action

Referred to Insurance

9/17/2025

Committee Referrals

Insurance9/17/2025

Full Bill Text

No bill text available