PRIOR PRINTER'S NO. 1488
PRINTER'S NO. 1820
THE GENERAL ASSEMBLY OF PENNSYLVANIA
HOUSE BILL
No.
1377
Session of
2021
INTRODUCED BY BOBACK, ZABEL, ROWE, MILLARD, BROOKS, LEE, MOUL,
NEILSON, KEEFER, ISAACSON, INNAMORATO, PISCIOTTANO, SANCHEZ,
McNEILL, HANBIDGE, SHUSTERMAN, COX, T. DAVIS, O'MARA, HELM,
BIZZARRO, SOLOMON, DELLOSO, SAYLOR, WEBSTER, STRUZZI, HOWARD,
OTTEN, HILL-EVANS, ROAE, HENNESSEY, HEFFLEY, FRITZ AND JAMES,
MAY 10, 2021
AS REPORTED FROM COMMITTEE ON COMMERCE, HOUSE OF
REPRESENTATIVES, AS AMENDED, JUNE 15, 2021
AN ACT
Amending the act of October 6, 1998 (P.L.705, No.92), entitled
"An act providing for the creation of keystone opportunity
zones and keystone opportunity expansion zones to foster
economic opportunities in this Commonwealth, to facilitate
economic development, stimulate industrial, commercial and
residential improvements and prevent physical and
infrastructure deterioration of geographic areas within this
Commonwealth; authorizing expenditures; providing tax
exemptions, tax deductions, tax abatements and tax credits;
creating additional obligations of the Commonwealth and local
governmental units; and prescribing powers and duties of
certain State and local departments, agencies and officials,"
in preliminary provisions, further providing for definitions;
and, in keystone opportunity zones, providing for limitation
on benefits and for zone relocation and further providing for
qualified businesses.
The General Assembly of the Commonwealth of Pennsylvania
hereby enacts as follows:
Section 1. Section 103 of the act of October 6, 1998
(P.L.705, No.92), known as the Keystone Opportunity Zone,
Keystone Opportunity Expansion Zone and Keystone Opportunity
Improvement Zone Act, is amended by adding a definition to read:
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