PRINTER'S NO.  880

  

THE GENERAL ASSEMBLY OF PENNSYLVANIA

  

HOUSE RESOLUTION

 

No.

127

Session of

2009

  

  

INTRODUCED BY LEVDANSKY, BELFANTI, BRENNAN, BRIGGS, COHEN, D. COSTA, GEORGE, GODSHALL, GOODMAN, HORNAMAN, KORTZ, MANDERINO, MANN, MELIO, MUNDY, MUSTIO, PASHINSKI, PRESTON, READSHAW, SANTONI, SCAVELLO, SHAPIRO, SIPTROTH, STURLA AND DeLUCA, MARCH 9, 2009

  

  

REFERRED TO COMMITTEE ON FINANCE, MARCH 9, 2009  

  

  

  

A RESOLUTION

  

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Directing the Legislative Budget and Finance Committee to

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determine the impact of Pennsylvania's tax credit programs on

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the Commonwealth's economy, job market and State and local

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tax revenues.

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WHEREAS, The Commonwealth of Pennsylvania has enacted at

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least 18 different tax credit programs that apply to businesses

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and other taxpayers; and 

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WHEREAS, These tax credit programs vary in size, scope and

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purpose; and

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WHEREAS, Taken together, the Commonwealth's tax credit

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programs total approximately $350 million annually; and

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WHEREAS, Information on the effectiveness of the

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Commonwealth's tax credit programs in achieving their respective

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goals and objectives is important information for the General

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Assembly to consider; therefore be it

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RESOLVED, That the Legislative Budget and Finance Committee

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conduct a study to determine the effect of the Commonwealth's

 


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tax credit programs on the Commonwealth's economy, job market

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and State and local tax revenues; and be it further

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RESOLVED, That the Legislative Budget and Finance Committee

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study include an assessment of the:

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(1)  neighborhood assistance programs (Article XIX-A of

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the Tax Reform Code of 1971);

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(2)  employment incentive payments (Article XIX-A of the

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Tax Reform Code of 1971);

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(3)  Homeowner's Emergency Mortgage Assistance Fund

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(Article IV-C of the Housing Finance Agency Law);

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(4)  job creation tax credit (Article XVIII-B of the Tax

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Reform Code of 1971);

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(5)  research and development tax credit (Article XVII-B

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of the Tax Reform Code of 1971);

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(6)  keystone opportunity zone (Act 92 of October 6,

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1998;

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(7)  coal waste removal and ultraclean fuels tax credit

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(Article XVIII-A of the Tax Reform Code of 1971);

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(8)  educational improvement tax credit (Article XX-B of

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the Public School Code of 1949, as amended);

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(9)  keystone innovation zone (Act 12 of February 12,

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2004);

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(10)  film production tax credit (Article XVII-C of the

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Tax Reform Code of 1971, as amended);

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(11)  first class cities economic development district

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(Act 226 of December 1, 2004);

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(12)  organ and bone marrow donor tax credit (Act 65 of

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July 2, 2006);

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(13)  strategic development areas (Act 151 of November

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20, 2006);

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(14)  resource enhancement and protection tax credit

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(Article XVII-E of the Tax Reform Code of 1971);

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(15)  life and health insurance guaranty association

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credit (Article XVII of the Insurance Company Law of 1921);

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(16)  property and causality guaranty association tax

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credit (Article IX of the Tax Reform Code of 1971);

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(17)  emergency tax credit (Article XX of the Tax Reform

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Code of 1971); 

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(18)  call center credit (Article II of the Tax Reform

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Code of 1971);

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and be it further

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RESOLVED, That the Legislative Budget and Finance Committee

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determine the extent to which each of the above-listed programs

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have clearly defined goals and objectives and whether the

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Commonwealth collects the information necessary to assess

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whether those goals and objectives are being achieved; and be it

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further

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RESOLVED, That the Legislative Budget and Finance Committee

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report all findings to the House of Representatives no later

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than one year from the passage of this resolution.

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