SB 1384 amends Pennsylvania's Tax Reform Code to update definitions for tax benefits and introduce new rules for computer data centers. The bill explicitly prohibits the Department of Revenue from certifying any new computer data centers after its effective date. It also establishes a new certification program for the Governor's Responsible Infrastructure Development, which sets standards for clean firm energy, including specific requirements for solar, wind, and battery storage systems. Additionally, the legislation defines terms related to alternative compliance payments and clean hydrogen production to support these infrastructure standards.
This Pennsylvania bill creates a new tax incentive to encourage the installation of green infrastructure, such as rain gardens, green roofs, and permeable pavement, on properties within the state. It defines "green infrastructure" as stormwater management practices that reduce or reuse runoff and sets rules for claiming a tax credit based on qualified costs like design, materials, and installation. To receive the credit, taxpayers must complete a certified project and submit detailed documentation to the Department of Revenue, while excluding costs covered by grants or routine maintenance. The legislation also updates the legal definition of "tax credit" to include this new program alongside existing state tax benefits.
This bill creates a tax credit program in Pennsylvania to encourage the production of sustainable aviation fuel. To qualify, companies must invest at least $150 million in a local facility, create at least 400 permanent jobs, and pay workers prevailing wages. The credit provides up to $1 per gallon for fuel production, with an extra 25 cents per gallon for using local feedstocks or achieving significant greenhouse gas reductions. Eligible producers must also meet specific state tax compliance requirements and sign a commitment letter with state officials.
This bill establishes a new Pennsylvania tax credit program designed to help residents who pay for child and dependent care. It allows eligible taxpayers to claim a state tax credit based on the amount they already claim for the same expenses on their federal tax returns. The credit rate changes over time, starting at 30% for tax years ending before 2023, increasing to 100% for years between 2023 and 2026, and returning to 100% for years after 2026. The maximum credit is calculated on up to $3,000 of expenses for one child or $6,000 for two or more children.
This bill creates a new tax incentive program called the Keystone Literacy Investment Tax Credit to fund evidence-based reading instruction in Pennsylvania public schools. The program allows insurance companies and their holding companies to purchase tax credits from the state, which they can then use to offset their own insurance premiums tax liability. The Department of Community and Economic Development will sell up to $150 million in these credits by January 2027, with the funds designated for literacy programs. Qualified taxpayers can begin applying the credits against their tax bills starting in 2029, with an annual cap on the total amount of credits that can be used set at $50 million.
This bill amends Pennsylvania's tax code to create a new economic development tax credit designed to support business growth and infrastructure improvements within the state. To receive this credit, entities must hire only Pennsylvania residents, use 100% materials sourced from within the state or the United States, and comply with prevailing wage laws. The Department of Community and Economic Development is tasked with auditing recipients annually to ensure they meet these requirements, and any entity found non-compliant must repay the full amount of the tax credit.
To amend sections 5747.98 and 5751.98 and to enact sections 5747.053 and 5751.55 of the Revised Code to authorize a refundable tax credit for compensation paid to skilled trades instructors.
Directs the commissioner of taxation and finance to help entities to elect to participate in the federal tax credit for elementary and secondary scholarships known as the Educational Choice for Children Act of 2025.
This bill creates a state income tax credit for advanced practice registered nurses who serve as preceptors for nursing student clinical rotations in Michigan. Eligible nurses can claim up to $1,500 annually, calculated at $500 for every 250 hours of supervision provided, provided they do not receive separate payment for these duties. To receive the credit, nurses must submit a written statement and documentation verifying their hours to the state tax department. The legislation also requires the state to report annually on the number of claims and total credits issued to assess the program's effectiveness.
The HONOR Act prohibits U.S. taxpayers from claiming foreign tax credits for taxes paid to the Russian Federation for a specific period following the law's enactment. This restriction remains in effect until the United States resumes normal trade relations with Russia, at which point standard tariff rates will be restored. The provision explicitly overrides any conflicting international tax treaties to ensure the penalty applies regardless of existing agreements.
