tax-credit
Pa. passed a tax break for data centers. Now crypto-miners are taking advantage
The cost of the program is expected to grow from $5 million in 2021 to almost $90 million by 2027.
After closed door dealings, General Assembly sends Wolf revised nat. gas tax credit bill; signature expected
The proposal, a limited version of a bill Wolf vetoed this spring, would provide upwards of $600 million in tax breaks to, at most, four manufacturing facilities that use Pennsylvania-drilled methane gas to produce fertilizer or other products.
Wolf vetoes multi-million methane tax credit, gas allies push for override
This story was updated at 1:48 pm with additional information. Gov. Tom Wolf has vetoed a multi-million dollar tax credit for petrochemical manufacturing. Wolf had promised the veto in early February as the bill passed the General Assembly, and followed up the promise even in the midst of his COVID-19 response. “Rather than enacting this […]
Bill that nearly doubles size of tax credit program for private school scholarships heading to Wolf’s desk
Wolf, a Democrat, has not said whether or not he will veto the expansion, which was sponsored by House Speaker Mike Turzai, R-Allegheny.