Posted: | January 13, 2013 02:23 PM |
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From: | Representative Scott A. Petri |
To: | All House members |
Subject: | Malt Beverage Tax Credit (Former HB 549 and HB 550) |
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. |
Introduced as HB246
Description: | Former House Bill 549: The first piece would reinstate the Malt Beverage Tax Credit from January 1, 2013 until December 31, 2013. 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. Previous cosponsors: GABLER, BARRAR , D. COSTA, DENLINGER , EVERETT , GODSHALL , GROVE, KILLION , LONGIETTI , MICOZZIE , MURT , O'NEILL , and RAPP |
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Introduced as HB245
Description: | Former House Bill 550: 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 Previous cosponsors: GABLER, BARRAR , D. COSTA, DENLINGER , EVERETT , GODSHALL , GROVE, KILLION , MICOZZIE , MURT , O'NEILL , and RAPP |
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