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 and providing for tax credits for critical minerals extraction.

This Pennsylvania bill expands the PA EDGE tax credit program to include companies extracting critical minerals from produced water, which is wastewater from oil and gas wells. The legislation defines "critical minerals" as materials essential for national security and energy systems, and sets a $1 million minimum investment requirement for facilities to qualify for tax credits. To receive the credit, companies must use Pennsylvania-produced water for extraction, hire local workers, and comply with state procurement laws. The Department of Revenue will review applications and approve tax credits for eligible projects that meet all specified criteria.