Pennsylvania 2025-2026 Regular Session

Pennsylvania Senate Bill SB1106

Introduced
12/5/25  

Caption

In Pennsylvania Economic Development for a Growing Economy (PA EDGE) tax credits, further providing for definitions, for applicability and for expiration.

Impact

The impact of SB1106 on state laws includes providing a clearer framework for how PA EDGE tax credits are applied, which may lead to increased participation from businesses. By refining the definition of key terms, the bill is intended to eliminate ambiguities that might have discouraged businesses from taking advantage of the tax incentives. Additionally, establishing new expiration provisions could encourage continuous investment in the state's economy by ensuring that businesses have a predictable timeline for when they can expect to benefit from such credits.

Summary

SB1106 seeks to amend existing law concerning the Pennsylvania Economic Development for a Growing Economy (PA EDGE) tax credits by further defining applicable terms and establishing new expiration dates for these credits. The purpose of this bill is to enhance the effectiveness of Pennsylvania's initiatives aimed at boosting economic development through targeted tax incentives for businesses. By clarifying definitions and terms related to the tax credits, SB1106 aims to ensure that the available benefits are more accessible and understandable for businesses seeking to invest in the state.

Contention

Notable points of contention surrounding SB1106 may arise from potential debates on whether the implemented changes sufficiently address the needs of small versus large businesses. Stakeholders could raise concerns regarding equitable access to the tax credits, with smaller businesses potentially feeling sidelined compared to larger corporations that are often the primary beneficiaries of such incentives. There may also be discussions regarding the long-term effects of extending tax credits on state revenue and the overall economic landscape.

Companion Bills

No companion bills found.

Previously Filed As

PA HB1556

In Pennsylvania Economic Development for a Growing Economy (PA EDGE) tax credits, providing for an advanced clean manufacturing project and further providing for definitions.

PA HB2301

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.

PA SB986

In Pennsylvania Economic Development for a Growing Economy (PA EDGE) Tax Credits, providing for Pennsylvania space economy.

PA HB1689

In Pennsylvania Economic Development for a Growing Economy (PA EDGE) Tax Credits, providing for streamlining permits for economic expansion and development program; and making a repeal.

PA HB1267

In Pennsylvania Economic Development for a Growing Economy (PA EDGE) tax credits relating to semiconductor manufacturing and biomedical manufacturing and research, further providing for definitions and for application and approval of tax credit.

PA SB440

In Pennsylvania Economic Development for a Growing Economy (PA EDGE) tax credits relating to semiconductor manufacturing and biomedical manufacturing and research, further providing for definitions, for eligibility, for application and approval of tax credit and for sale or assignment.

PA HB500

In Pennsylvania Economic Development for a Growing Economy (PA EDGE) Tax Credits, repealing provisions relating to local resource manufacturing, providing for Reliable Energy Investment Tax Credit, repealing provisions relating to Pennsylvania milk processing and providing for Pennsylvania milk processing; in regional clean hydrogen hubs, further providing for definitions, for eligibility, for application and approval of tax credit, for use of tax credits and for applicability; in semiconductor manufacturing and biomedical manufacturing and research, further providing for definitions and for application and approval of tax credit and providing for geothermal energy and for sustainable aviation fuel; and, in application of Prevailing Wage Act, further providing for definitions.

PA SB500

In Pennsylvania Economic Development for a Growing Economy (PA EDGE) Tax Credits, repealing provisions re lating to local resource manufacturing, providing for Reliable Energy Investment Tax Credit, repealing provisions relating to Pennsylvania milk processing and providing for Pennsylvania milk processing; in regional clean hydrogen hubs, further providing for definitions, for eligibility, for application and approval of tax credit, for use of tax credits and for applicability; in semiconductor manufacturing and biomedical manufacturing and research, further providing for definitions and for application and approval of tax credit and providing for geothermal energy and for sustainable aviation fuel; and, in application of Prevailing Wage Act, further providing for definitions.

PA HB820

In tax credit and tax benefit administration, further providing for definitions; and providing for working Pennsylvanians tax credit.

PA HB1575

In tax credit and tax benefit administration, further providing for definitions; and providing for factory or mill building economic revitalization.

Similar Bills

No similar bills found.