An Act amending the act of March 4, 1971 (P.L.6, No.2), known as the Tax Reform Code of 1971, providing for residential clean energy tax credit; repealing provisions relating to Pennsylvania Economic Development for a Growing Economy (PA EDGE) Tax Credits; providing for Pennsylvania Economic Development for a Growing Economy (PA EDGE) Tax Credits and for energy ratepayer protection; establishing the Energy Ratepayer Protection Fund; in manufacturing and investment tax credit, further providin...
Referred to Rules & Executive Nominations
Summary
This bill amends Pennsylvania's Tax Reform Code to update the state's Manufacturing and Investment Tax Credit. It revises key definitions, clarifies which business firms qualify for the credit, and adjusts the rules for issuing tax credit certificates. These changes are intended to refine how the state incentivizes manufacturing and business investment within the Commonwealth.
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