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§ 8742-L. Applicability

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 72 P.S. Taxation and Fiscal AffairsEffective: January 3, 2023

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 72 P.S. Taxation and Fiscal Affairs
Chapter 5. Tax Reform Code of 1971 (Refs & Annos)
Article XVII-L. Pennsylvania Economic Development for a Growing Economy (PA Edge) Tax Credits (Refs & Annos)
Subarticle C. Pennsylvania Milk Processing
Effective: January 3, 2023
72 P.S. § 8742-L
§ 8742-L. Applicability
Currentness
(a) Duration.--The tax credit under this subarticle shall apply to the purchase and processing of milk produced in this Commonwealth for a period of eight years from the date the first project facility is placed into service.
(b) Limitation.--The total aggregate amount of tax credits awarded by the department under this subarticle may not exceed $120,000,000.

Credits

1971, March 4, P.L. 6, No. 2, art. XVII-L, § 1742-L, added 2022, Nov. 3, P.L. 1695, No. 108, § 16, effective in 60 days [Jan. 3, 2023].
72 P.S. § 8742-L, PA ST 72 P.S. § 8742-L
Current through Act 11 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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