|Posted:||February 14, 2017 09:30 AM|
|From:||Representative Peter Schweyer|
|To:||All House members|
|Subject:||Neighborhood Assistance Tax Credit - Public Health Concerns|
|In the near future, I intend to re-introduce legislation (former HB 2162) amending the Neighborhood Assistance Act (Act 48-1994) to add “Public Health Concerns” to the eligible project criteria of the Neighborhood Assistance Program tax credits (NAP).
We have been recently hearing about major health epidemics such as opioid addiction and lead poisoning which are affecting the health of the citizens of this Commonwealth. These crises are taking place in urban and rural areas alike. Given that one of the stated goals of Neighborhood Assistance Programs includes averting adverse impacts on the health of our communities, it only makes sense to include public health concerns to this program.
I have seen these programs at work in my district in Allentown. NAPs (along with Special Program Priorities, Neighborhood Partnership, and the Charitable Food Program) are excellent public-private partnerships that incentivize corporate investment (through corporate tax credits) in community rebuilding projects. My legislation adds more flexibility for each community to decide how to allocate those dollars.
I hope you will join me in supporting this legislation
Introduced as HB987