Budget & Taxes (Tax Incentives)

in committee · Pennsylvania · House Oct 23, 2025

HB 1989: An Act amending Title 64 (Public Authorities and Quasi-Public Corporations) of the Pennsylvania Consolidated Statutes, in economic development financing, providing for Keystone National Finance Authority.

HB 1989 creates the Keystone National Finance Authority to manage economic development financing in Pennsylvania. This new state agency will replace existing mechanisms under Title 64 for issuing bonds and providing loans to support projects like job creation, infrastructure, and business growth. It directly affects state agencies, local governments, and businesses seeking financing for qualifying economic development initiatives. The bill establishes clear processes for the authority to approve projects, issue debt, and manage funds, streamlining how financing is accessed for public and private development efforts.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates new agency for economic development financing with clear processes, promoting fiscal responsibility in government spending.80% confidence

Sub-Topics Debt & Bonds Tax Incentives

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in committee · Pennsylvania · Senate Mar 17, 2025

SB 384: An Act providing for the creation of keystone opportunity dairy zones to facilitate the economic development of Pennsylvania's dairy industry; authorizing expenditures; providing tax exemptions, tax deductions, tax abatements and tax credits; creating additional obligations of the Commonwealth and local governmental units; prescribing powers and duties of certain State and local departments, agencies and officials; and imposing penalties.

SB 384 creates "Keystone Opportunity Dairy Zones" in Pennsylvania to boost the state's dairy industry through tax incentives. It designates up to 30 geographic zones (including up to 15 Class A zones) where qualifying dairy businesses - like processors using at least 75% Pennsylvania milk - receive tax exemptions, deductions, abatements, and credits. The bill requires businesses to operate within designated zones and meet specific criteria, such as using Pennsylvania milk or milk products, and mandates annual certification by the Department of Community and Economic Development. Local governments and the state gain new administrative duties under the law, while dairy farms and processors directly benefit from the tax provisions.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides tax exemptions, deductions, and credits to dairy businesses, advancing fiscal support for economic development within state budget framework.95% confidence

Sub-Topics Tax Incentives

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in committee · Pennsylvania · House Jun 11, 2025

HB 1119: An Act amending Title 51 (Military Affairs) of the Pennsylvania Consolidated Statutes, in disabled veterans' real estate tax exemption, further providing for exemption.

HB 1119 amends Pennsylvania's real estate tax exemption rules for disabled veterans under Title 51 of the Consolidated Statutes. It directly affects Pennsylvania veterans who are disabled and own real estate, by modifying the existing exemption provisions. The bill focuses on adjusting how the exemption applies to their property taxes, though specific changes to eligibility or calculation methods are not detailed in the provided context. This legislative action aims to refine the tax relief program for veterans through statutory updates.

Topics ✓ Budget & TaxesSupports Budget & TaxesAmends real estate tax exemption for disabled veterans, providing targeted tax relief under fiscal policy90% confidence ✓ VeteransSupports VeteransAmends tax exemption for disabled veterans, directly providing property tax relief as a benefit expansion under state law.95% confidence

Sub-Topics Tax Incentives Veteran Benefits Veteran Healthcare Veteran Housing

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in committee · Pennsylvania · Senate Mar 10, 2025

SB 407: An Act amending Title 51 (Military Affairs) of the Pennsylvania Consolidated Statutes, in disabled veterans' real estate tax exemption, further providing for definitions and for duty of commission.

SB 407 amends Pennsylvania's disabled veterans' real estate tax exemption law to clarify eligibility rules. It establishes an automatic exemption for disabled veterans with annual household income of $75,000 or less (adjusted every two years using the Consumer Price Index), while requiring additional proof of need for applicants earning above this threshold. The bill defines "annual income" broadly to include pensions, disability payments, and other sources, while excluding certain benefits like Medicare or food assistance. The state commission must publish updated income thresholds biennially in the Pennsylvania Bulletin. This directly affects disabled veterans seeking property tax relief by standardizing income-based eligibility.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides automatic real estate tax exemption for disabled veterans with income ≤$75k (adjusted annually), reducing tax burden for lower-income group per tax relief indicators.95% confidence ✓ VeteransSupports VeteransAutomatically exempts low-income disabled veterans from real estate taxes, expanding financial relief and strengthening tax benefit accessibility for veterans.95% confidence

Sub-Topics Property Tax Tax Incentives Veteran Benefits Veteran Education

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in committee · Pennsylvania · House Mar 13, 2025

HB 891: An Act amending the act of March 4, 1971 (P.L.6, No.2), known as the Tax Reform Code of 1971, providing for Keystone State Apprenticeship Tax Credit; establishing the Keystone State Apprenticeship Tax Credit Program; and imposing duties on the Department of Labor and Industry.

HB 891 creates the Keystone State Apprenticeship Tax Credit Program, providing tax incentives to Pennsylvania businesses that hire apprentices. It directly affects employers participating in approved apprenticeship programs, with preference given to those training disadvantaged youth (low-income individuals aged 16-24) and businesses in key sectors like clean energy, healthcare, and technology. The program allocates up to $10 million annually in tax credits from 2025 to 2030, administered by the Department of Labor and Industry, which will determine eligibility and prioritize employers based on specific criteria like apprentice graduation rates and program novelty. Businesses must register apprenticeship agreements with the department to qualify for the credit.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates tax credit program for apprenticeship hiring, providing incentives to businesses and allocating $10M annually through tax credits, directly advancing tax policy for workforce development.95% confidence ✓ EducationSupports EducationProvides tax incentives for apprenticeships training disadvantaged youth (16-24), expanding educational access for low-income individuals in key sectors.65% confidence ✓ EnergySupports EnergyBill prioritizes clean energy businesses for tax credits, directly advancing renewable energy sector growth through incentives in key sectors.90% confidence ✓ Labor & EmploymentSupports Labor & EmploymentCreates tax credits for businesses hiring apprentices, prioritizing disadvantaged youth and key sectors, directly advancing workforce development and employment opportunities.92% confidence ✓ TechnologySupports TechnologyBill explicitly prioritizes technology businesses for tax credits in apprenticeship programs, directly funding tech sector workforce development.95% confidence

Sub-Topics Tax Credits Tax Incentives Renewable Energy Apprenticeships

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in committee · Pennsylvania · House Jan 28, 2025

HB 371: An Act amending the act of October 6, 1998 (P.L.705, No.92), known as the Keystone Opportunity Zone, Keystone Opportunity Expansion Zone and Keystone Opportunity Improvement Zone Act, in preliminary provisions, further providing for definitions; and, in keystone opportunity zones, further providing for qualified businesses.

HB 371 amends Pennsylvania's Keystone Opportunity Zone Act to add new requirements for businesses seeking tax exemptions, deductions, or credits. It directly affects businesses operating within designated Keystone zones that make capital investments exceeding $25,000 for construction, reconstruction, or facility repairs. The key provision mandates that 70% of workers on such projects must be "skilled craft laborers" (defined as those with relevant training or apprenticeship completion), and all workers must receive the state-mandated prevailing wage rate. Businesses must verify these requirements annually through the Department of Labor and Industry, enforcing existing Pennsylvania Prevailing Wage Act standards for qualifying projects.

Topics ✓ Budget & TaxesSupports Budget & TaxesAdds labor requirements for tax exemptions in Keystone zones, closing potential loopholes to ensure responsible fiscal use of tax incentives.90% confidence

Sub-Topics Tax Incentives

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in committee · Pennsylvania · Senate Jun 30, 2025

SB 898: An Act amending the act of March 4, 1971 (P.L.6, No.2), known as the Tax Reform Code of 1971, in Waterfront Development Tax Credit, further providing for waterfront development organizations, for waterfront development projects, for tax credit and for limitations.

SB 898 amends Pennsylvania's Waterfront Development Tax Credit program under the Tax Reform Code. It establishes 60-day timelines for the Department of Revenue to approve or renew waterfront development organizations' applications and projects. The bill increases the maximum tax credit from 75% to 90% of a business's annual contribution and raises the annual cap on total tax credits from $5 million to $10 million. These changes directly affect waterfront development organizations and businesses making qualifying contributions to eligible projects.

Topics ✓ Budget & TaxesSupports Budget & TaxesIncreases tax credit rate from 75% to 90% and raises annual cap from $5M to $10M, providing expanded tax relief for businesses under waterfront development program.95% confidence

Sub-Topics Tax Credits Tax Incentives

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in committee · Pennsylvania · House Jan 22, 2025

HB 225: An Act providing for the establishment of first-time home buyer savings accounts for first-time home buyers in this Commonwealth.

HB 225 establishes tax-advantaged savings accounts in Pennsylvania for first-time home buyers. It allows individuals who haven’t owned a home in the past three years to open accounts with financial institutions, designating themselves or another person as the "qualified beneficiary" for down payments and closing costs on a single-family residence. Account holders can deduct up to $5,000 annually (or $10,000 for joint filers) from their taxable income, with a lifetime cap of $150,000 total contributions across all accounts. The bill directly affects eligible Pennsylvania residents seeking to purchase their first home, providing a state-level tax incentive to save for homeownership.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides tax deduction ($5k/$10k annually) for first-time homebuyers, reducing taxable income and offering tax relief to middle-income residents.90% confidence ✓ HousingSupports HousingCreates tax-advantaged savings accounts to lower down payment barriers for first-time home buyers, directly advancing affordable housing access through financial incentives.95% confidence

Sub-Topics Tax Incentives Homeownership

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in committee · Pennsylvania · House Mar 10, 2025

HB 177: An Act providing for the creation of keystone opportunity dairy zones to facilitate the economic development of Pennsylvania's dairy industry; authorizing expenditures; providing for tax exemptions, tax deductions, tax abatements and tax credits; creating additional obligations of the Commonwealth and local governmental units; prescribing powers and duties of certain State and local departments, agencies and officials; and imposing penalties.

HB 177 creates "Keystone Opportunity Dairy Zones" in Pennsylvania to support the state's dairy industry. It provides tax benefits - including exemptions, deductions, and credits - for businesses processing at least 75% Pennsylvania milk into dairy products within designated zones. To qualify, businesses must be located in a zone, process Pennsylvania milk locally, and meet specific requirements under the act. The bill directly affects dairy farmers, processors, and local governments by offering financial incentives to boost economic development in the sector.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides tax exemptions, deductions, and credits for dairy businesses in designated zones, directly offering fiscal incentives to stimulate industry growth and economic development.95% confidence

Sub-Topics Tax Incentives

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in committee · Pennsylvania · Senate Jun 3, 2025

SB 814: An Act amending the act of March 4, 1971 (P.L.6, No.2), known as the Tax Reform Code of 1971, in sales and use tax, further providing for exclusions from tax.

SB 814 exempts certain emergency preparedness items from Pennsylvania's sales tax during two specific 7-day periods in 2026 (March 2-9 and September 7-14). It directly affects individual consumers purchasing nonbusiness items like portable generators under $3,000, storm protection devices under $300, and emergency supplies (e.g., battery-powered lights, radios, fire extinguishers, or ice chests under $75). The bill defines "emergency preparedness items" precisely and specifies that tax exemption applies only to purchases made during the designated dates, even if delivery occurs later. This policy change provides temporary cost relief for residents preparing for potential emergencies.

Topics ✓ Budget & TaxesSupports Budget & TaxesExempts essential emergency items from sales tax during specified periods, providing targeted tax relief for consumers on nonbusiness purchases.95% confidence

Sub-Topics Procurement Sales Tax Tax Incentives

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