Tax Break Tracker Individual Entry
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
Reporting Jurisdiction:
Pennsylvania
Jurisdiction type
:
State
Fiscal year ending In:
2020
Program name:
Neighborhood Assistance Programs
Program purpose
:
Community development
Statutory authority
:
Article XIX-A of the Tax Reform Code
Abating jurisdiction(s)
:
State of Pennsylvania
Applicable taxes:
Corporate Income Tax; Personal Income Tax; Bank and Trust Company Shares Tax; Insurance Premium Tax; Title Insurance Company Shares Tax;; Mutual Thrift Institutions Tax
Method of abatement
:
Tax credit
Provisions for recapture
:
(not specified)
Gross revenue loss
:
$18,000,000
Reimbursement / offset
:
$0
Net revenue loss
:
$18,000,000
Type of loss
:
Active
Additional notes on dislosure:
(none)