Releases

Tax Credit Review

IFO Releases

Coal Refuse Energy and Reclamation Tax Credit

January 20, 2022 | Tax Credit Review

Act 48 of 2017 requires the Independent Fiscal Office (IFO) to review all state tax credits over a five-year period. For the fourth year, the IFO reviewed the Brewers', Coal Refuse Energy and Reclamation, Educational and Mixed-Use Development Tax Credits.

Click on the link to access the Coal Refuse Energy and Reclamation Tax Credit Report.

Tags: credit, tax

Full Report

Keystone Special Development Zone Tax Credit

September 24, 2021 | Tax Credit Review

Act 48 of 2017 requires the Independent Fiscal Office (IFO) to review all state tax credits over a five-year period. For the third year, the IFO reviewed the Neighborhood Assistance Program, Resource Enhancement and Protection Program, Entertainment Economic Enhancement Program, Video Game Production and Keystone Special Development Zone Tax Credits.

Click on the link to access the Keystone Special Development Zone Tax Credit Report.

Tags: credit, tax

Full Report

Performance-Based Budget Board Hearing Request

May 04, 2021 | Tax Credit Review

The IFO responded to a question raised during the Performance-Based Budget Board hearing on April 26, 2021 by providing Neighborhood Assistance Program and the Resource Enhancement and Protection Program Tax Credit awards by region or county.

Full Report

NAP, REAP, EEEP, VGP and KSDZ Tax Credit Reviews

April 26, 2021 | Tax Credit Review

IFO presentation of the Neighborhood Assistance Program, Resource Enhancement and Protection Program, Entertainment Economic Enhancement Program, Video Game Production and Keystone Special Development Zone Tax Credit Reviews.

Tags: credit, eeep, ksdz, nap, reap, review, tax, vgp

Full Report

Resource Enhancement and Protection Program Tax Credit

April 23, 2021 | Tax Credit Review

Act 48 of 2017 requires the Independent Fiscal Office (IFO) to review all state tax credits over a five-year period. For the third year, the IFO reviewed the Neighborhood Assistance Program, Resource Enhancement and Protection Program, Entertainment Economic Enhancement Program, Video Game Production and Keystone Special Development Zone Tax Credits.

Click on the link to access the Resource Enhancement and Protection Program Tax Credit Report.

IFO Letter to the SCC

Tags: credit, tax

Full Report

Entertainment Economic Enhancement Program Tax Credit

April 23, 2021 | Tax Credit Review

Act 48 of 2017 requires the Independent Fiscal Office (IFO) to review all state tax credits over a five-year period. For the third year, the IFO reviewed the Neighborhood Assistance Program, Resource Enhancement and Protection Program, Entertainment Economic Enhancement Program, Video Game Production and Keystone Special Development Zone Tax Credits.

Click on the link to access the Entertainment Economic Enhancement Program Tax Credit Report.

Tags: credit, tax

Full Report

Neighborhood Assistance Program Tax Credit

April 23, 2021 | Tax Credit Review

Act 48 of 2017 requires the Independent Fiscal Office (IFO) to review all state tax credits over a five-year period. For the third year, the IFO reviewed the Neighborhood Assistance Program, Resource Enhancement and Protection Program, Entertainment Economic Enhancement Program, Video Game Production and Keystone Special Development Zone Tax Credits.

Click on the link to access the Neighborhood Assistance Program Tax Credit Report.

Tags: credit, tax

Full Report

Video Game Production Tax Credit

April 23, 2021 | Tax Credit Review

Act 48 of 2017 requires the Independent Fiscal Office (IFO) to review all state tax credits over a five-year period. For the third year, the IFO reviewed the Neighborhood Assistance Program, Resource Enhancement and Protection Program, Entertainment Economic Enhancement Program, Video Game Production and Keystone Special Development Zone Tax Credits.

Click on the link to access the Video Game Production Tax Credit Report.

Tags: credit, tax

Full Report

Research and Development Tax Credit

January 21, 2020 | Tax Credit Review

Act 48 of 2017 requires the Independent Fiscal Office (IFO) to review all state tax credits over a five-year period. For the second year, the IFO reviewed the Research and Development, Keystone Innovation Zone, Mobile Telecommunications Broadband Investment and Organ and Bone Marrow Donation Tax Credits.

Click on the link to access the Research and Development Tax Credit Report.

Full Report

Keystone Innovation Zone Tax Credit

January 21, 2020 | Tax Credit Review

Act 48 of 2017 requires the Independent Fiscal Office (IFO) to review all state tax credits over a five-year period. For the second year, the IFO reviewed the Research and Development, Keystone Innovation Zone, Mobile Telecommunications Broadband Investment and Organ and Bone Marrow Donation Tax Credits.

Click on the link to access the Keystone Innovation Zone Tax Credit Report.

Full Report