Each individual entry is a single program reported by a single jurisdiction in a given fiscal year. Because we want to track the level and quality of disclosure as well as the content, the values below -- with the exception of program names -- are entered exactly as they are reported. See our user guide for more explanations.
State: | Pennsylvania |
Effected Jurisdiction: | Pennsylvania |
Jurisdiction type:![]() | State |
Fiscal year ending In: | 2018 |
Program name: | Neighborhood Improvement Zone Program (NIZ) |
Program purpose:![]() | Construction/rehabilitation |
Statutory authority:![]() | Article XIX‚ÄêB of the Tax Reform Code of 1971 |
Abating jurisdiction(s):![]() | State of Pennsylvania |
Applicable taxes: | Corporate Net Income Tax; Capital Stock/Foreign Franchise Tax; Bank and Trust Company Shares; Sales, Use & Hotel Occupancy Tax; Employer Withholding Tax; Gross Receipts Tax; Unemployment Compensation Tax; Realty Transfer Tax; Cigarette Tax; Vehicle Rental Tax; Gross Premiums Tax; Malt Beverage Tax; Liquor/Wine Tax |
Method of abatement:![]() | Tax Increment Financing (TIF) |
Provisions for recapture:![]() | (N/A - TIF) |
Gross revenue loss:![]() | $45,600,000 |
Reimbursement / offset:![]() | $0 |
Net revenue loss:![]() | $45,600,000 |
Type of loss:![]() | Active |
Additional notes on dislosure: | (none) |
Document source: | https://www.budget.pa.gov/Publications%20and%20Reports/AnnualFinancialRe... |