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Bill

SB 1106

An Act amending the act of March 4, 1971 (P.L.6, No.2), known as the Tax Reform Code of 1971, in Pennsylvania Economic Development for a Growing Economy (PA EDGE) tax credits, further providing for definitions, for applicability and for expiration.

2025-2026 Regular Session Introduced by Lisa Baker and 6 co-sponsors

SB 1106 modifies Pennsylvania's PA EDGE business tax credit program by updating eligibility definitions, adjusting applicability rules, and potentially extending the program's expiration date.

Referred to Finance
0
WeVote Research Nonpartisan
Bill Summary · SB 1106

Legislative bill overview

SB 1106 modifies Pennsylvania's PA EDGE tax credit program, which provides tax incentives to businesses for economic development activities. The bill updates definitions, adjusts which businesses and activities qualify for the credits, and potentially extends or alters the program's expiration date.

Why is this important

Tax credit programs directly affect state revenue and business investment decisions. Changes to PA EDGE could influence where companies choose to locate or expand operations in Pennsylvania, while also determining how much tax revenue the state foregoes. The modifications to eligibility and expiration dates signal the legislature's assessment of the program's effectiveness.

Potential points of contention

  • Fiscal impact: Expanding eligibility or extending expiration could reduce state tax revenue; opponents may argue funds should support direct services instead of tax incentives
  • Business favoritism concerns: Critics may question whether tax credits effectively create jobs or primarily benefit already-profitable corporations
  • Definitional changes: Modifications to what qualifies for credits could advantage certain industries over others, raising fairness and competitiveness questions among different business sectors

Compiled from official sources — confirm details with the bill’s official record.

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