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.

SB 1106 amends Pennsylvania's PA EDGE tax credit program to clarify eligibility for companies building specific facilities. It defines a "project facility" as either a petrochemical or fertilizer plant using dry natural gas with a $400 million minimum investment or a power generation facility that adds to the grid. To qualify, a company must invest $400 million, create 800 new permanent jobs, pay prevailing wages, and make good-faith efforts to recruit local workers during construction. The tax credits will apply to dry natural gas purchases from January 1, 2027, through December 31, 2052, expiring at the end of 2052.