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Bill

HB 2685

An Act amending the act of March 4, 1971 (P.L.6, No.2), known as the Tax Reform Code of 1971, in tax credit and tax benefit administration, further providing for definitions and providing for tax credits relating to economic development.

2025-2026 Regular Session Introduced by Danilo Burgos and 12 co-sponsors

Creates an economic development tax credit with audits and penalties to ensure recipient wage, PA residency, and 100% PA or US material sourcing.

Referred to Finance
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