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 Improvement Zone Program (NIZ)
Program purpose:
Economic development
:
Statutory authority:
Article XIX-B of the Tax Reform Code of 1971
:
Abating jurisdiction(s):
State of Pennsylvania
:
Applicable taxes:
Corporate Income Tax; Bank and Trust Company Shares; Sales and Use Tax; Hotel Occupancy Tax; Employer Withholding Tax; Gross Receipts Tax; Unemployment Compensation; Realty Transfer Tax; Cigarette Tax; Vehicle Rental Tax; Gross Premiums Tax; Malt Beverate Tax; Liquor/Wine Tax
Method of abatement:
Tax Increment Financing (TIF)
:
Provisions for recapture:
(not specified)
:
Gross revenue loss:
$61,200,000
:
Reimbursement / offset:
$0
:
Net revenue loss:
$61,200,000
:
Type of loss:
Active
:
Additional notes on dislosure:
(none)
