Section 19.5. Reporting threshold adjustments

(a) On a biennial basis commencing in January 1991, the Commission will review and may increase the threshold dollar amounts in § § 17.3(a), 17.4(a), 17.5(a) and 17.6(a).

(b) The Commission will base the increases upon a review of the National Consumer Price Index as published by the United States Department of Labor or other relevant indices.

(c) The Commission may hold a hearing to receive testimony or information regarding the appropriate rate of increases.

(d) Upon final determination of the appropriate reporting increases, the Commission will publish a schedule of the increases in the Pennsylvania Bulletin in 2 successive months and take other action deemed necessary to disseminate the information.

(e) The effective date of threshold increases shall be delayed a sufficient period of time to allow publication of the information to afford affected individuals the opportunity to comply therewith and relevant Commission forms shall be revised accordingly.

Notation

Cross References

This section cited in 51 Pa. Code § 17.3 (relating to creditors); 51 Pa. Code § 17.4 (relating to income); 51 Pa. Code § 17.5 (relating to gifts); 51 Pa. Code § 17.6 (relating to expense reimbursement); and 51 Pa. Code § 31.7 (relating to biennial review of exemption threshold and reporting threshold).