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PA SB781

PA SB781
Providing for the creation of keystone opportunity dairy zones to facilitate the economic development of Pennsylvania's dairy industry; authorizing expenditures; providing tax exemptions, tax deductions, tax abatements and tax credits; creating additional obligations of the Commonwealth and local governmental units; prescribing powers and duties of certain State and local departments, agencies and officials; and imposing penalties.


summary

Introduced
06/19/2023
In Committee
06/19/2023
Crossed Over
Passed
Dead
12/31/2024

Introduced Session

2023-2024 Regular Session

Bill Summary

Providing for the creation of keystone opportunity dairy zones to facilitate the economic development of Pennsylvania's dairy industry; authorizing expenditures; providing tax exemptions, tax deductions, tax abatements and tax credits; creating additional obligations of the Commonwealth and local governmental units; prescribing powers and duties of certain State and local departments, agencies and officials; and imposing penalties.

AI Summary

This bill provides for the creation of "Keystone Opportunity Dairy Zones" in Pennsylvania to facilitate the economic development of the state's dairy industry. The bill authorizes the Department of Community and Economic Development to designate up to 30 such zones, which will provide tax exemptions, deductions, abatements, and credits to residents and qualified businesses within the zones for a period of up to 10 years. The bill also requires local governments to provide corresponding local tax relief and creates additional obligations and duties for state and local departments and officials. The goal is to support the long-term viability of dairy farming in Pennsylvania.

Committee Categories

Budget and Finance

Sponsors (7)

Last Action

Referred to FINANCE (on 06/19/2023)

Bill Topics

Agriculture
  • ‐ General Agriculture
Macroeconomics
  • ‐ Industrial Policy
  • ‐ Taxation, Tax Policy, and Tax Reform

bill text


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