This bill creates a new tax credit for small businesses in Pennsylvania that help employees pay for health insurance. To qualify, a business must have 50 or fewer employees and contribute up to $1,000 per employee toward premiums for qualified health plans purchased through the state health exchange. The credit is calculated based on the first $1,000 of contributions made for each eligible employee and can be used to reduce the business's state tax liability. Companies claiming the credit must submit a specific application form to the Department of Revenue that includes detailed information about their employees and the insurance providers they hired.
This bill amends Pennsylvania's Tax Reform Code to create a Small Business Opportunity Program within Neighborhood Improvement Zones. It directs that any excess funds remaining in these zones after required payments must be used to satisfy debts and obligations before 25% of the baseline tax revenue is transferred to a dedicated fund for small business grants. To qualify for these grants, a business must be classified as a small business, employ at least one full-time worker for 35 hours a week, and have filed all required state tax returns. The program aims to encourage entrepreneurship and job creation by providing financial support to eligible local businesses, while also requiring contracting authorities to submit annual reports on the number of participating businesses, total incentives awarded, and jobs created.
This bill creates a new tax credit for small businesses in Pennsylvania that help employees pay for health insurance purchased through the state exchange. To qualify, a business must have 50 or fewer employees and make contributions toward health reimbursement arrangements for their workers. The credit is calculated based on the first $1,000 of contributions per employee and can be applied to reduce the business's state tax liability. Companies claiming the credit must submit detailed forms to the Department of Revenue listing employee information and insurance provider details.
This bill allocates $2,235,000 from a restricted revenue account within Pennsylvania's General Fund to the Office of Small Business Advocate in the Department of Community and Economic Development. The funding is intended to support the operational expenses of the office for the fiscal year running from July 1, 2026, to June 30, 2027. The appropriation takes effect on July 1, 2026, or immediately, whichever occurs later. This measure provides financial resources to help the office carry out its existing functions without adding new programs or changing its responsibilities.
SB 1163 provides $2,235,000 in funding from a restricted revenue account to the Office of Small Business Advocate within Pennsylvania's Department of Community and Economic Development. The bill allocates these funds specifically to cover the office's operational costs for the fiscal year 2026-2027 (July 1, 2026 - June 30, 2027). This funding supports the office's existing role in assisting small businesses, though it does not create new programs or change current policies. The appropriation is a routine budgetary action, directly affecting the office's ability to function during the specified period.
SB 811 establishes Pennsylvania's SBIR/STTR Matching Funds Program to support small businesses with federal research grants. It provides state matching funds (up to $50,000) to Pennsylvania-based businesses that receive Phase I awards under the federal Small Business Innovation Research (SBIR) or Small Business Technology Transfer (STTR) programs. To qualify, businesses must conduct at least 51% of their Phase II research in Pennsylvania, submit a Phase I report, and avoid duplicate state funding. The program aims to foster economic growth by helping small businesses advance federal-funded research projects.
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Small Business
HB 1028 establishes a grant program to help small businesses affected by long-term public utility road construction projects. It provides financial assistance to qualified businesses (for-profit entities with 10 or fewer employees located in designated "construction mitigation zones" impacted by projects lasting over 90 days) to offset revenue declines caused by traffic disruptions, reduced access, or parking issues. Businesses must apply with proof of significant revenue loss, and grants are capped at actual documented losses or $15,000 per year. The Department of Community and Economic Development administers the program, prioritizes applications based on revenue decline severity and project duration, and requires annual public reporting of recipients and project details.
HB 1751 creates a new Office of Employee Ownership within the state's Department of Community and Economic Development to support employee-owned businesses. It establishes an Employee Ownership Advisory Board to guide the program and a Main Street Employee Ownership Grant Program to provide funding for these businesses. The bill also directs the state to offer technical and financial assistance to help employee-owned enterprises grow and operate. This bill directly affects employee-owned businesses seeking support, grants, and guidance through state programs.
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Small Business
Senate Bill 163 proposes to appropriate funds for the operation of the Office of Small Business Advocate within the Department of Community and Economic Development. It allocates $2,262,000 from a restricted revenue account within the General Fund. This funding is specifically designated to support the office's operations for the fiscal year from July 1, 2025, to June 30, 2026, enabling it to continue its work assisting small businesses.
HB 55 exempts certain small businesses from startup fees when opening a new business in Pennsylvania. It provides full fee exemptions for woman-owned businesses, service-disabled veteran-owned businesses, minority-owned businesses, disadvantaged businesses, and microbusinesses (with five or fewer employees). Other small businesses (up to 100 employees with under $10 million annual revenue) receive a 50% fee reduction. The law applies to new business applications filed on or after July 1, 2025, and requires applicants to provide documentation of eligibility.
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Small Business