Test Drive Our New Site! We have some improvements in the works that we're excited for you to experience. Click here to try our new, faster, mobile friendly beta site. We will be maintaining our current version of the site thru the end of 2024, so you can switch back as our improvements continue.
Legislation Quick Search
04/23/2024 01:57 PM
Pennsylvania House of Representatives
https://www.legis.state.pa.us/cfdocs/Legis/CSM/showMemoPublic.cfm?chamber=H&SPick=20150&cosponId=17188
Share:
Home / House Co-Sponsorship Memoranda

House Co-Sponsorship Memoranda

Subscribe to PaLegis Notifications
NEW!

Subscribe to receive notifications of new Co-Sponsorship Memos circulated

By Member | By Date | Keyword Search


House of Representatives
Session of 2015 - 2016 Regular Session

MEMORANDUM

Posted: February 3, 2015 01:49 PM
From: Representative Scott A. Petri
To: All House members
Subject: Malt Beverage Tax Credit Legislation
 
I will be reintroducing 2 separate pieces of legislation amending the Tax Reform Code of 1971, as it pertains to the Malt Beverage Tax Credit:



Document #1

Description: Former House Bill 246 (MBTC for one year):  The first piece would reinstate the Malt Beverage Tax Credit from January 1, 2015 until December 31, 2015.  We want to maintain these Pennsylvania manufacturing jobs.  This tax credit affects small brewers who brew a maximum of 1.5 million barrels of malt or brewed beverages per year in Pennsylvania.  A claim for the credit is limited to qualifying expenditures not to exceed $200,000 per year.
 

Document #2

Description: Former House Bill 245 (MBTC permanent):  The second piece would make the Malt Beverage Tax Credit permanent.  This tax credit affects small brewers who brew a maximum of 1.5 million barrels of malt or brewed beverages per year in Pennsylvania.  A claim for the credit is limited to qualifying expenditures not to exceed $200,000 per year.