HARRISBURG — Governor Josh Shapiro is asking the legislature to eliminate three state tax credits he says fail to deliver results. SpotlightPA.com His budget proposal calls them duplicative and too limited to create meaningful economic impact.
State officials say the credits target waterfront development, video game companies, and manufacturing job growth. However, the Independent Fiscal Office finds low usage and limited evidence they create new jobs.
Supporters argue the programs still provide value, especially for smaller industries and regional development. Lawmakers must now decide their fate as budget negotiations continue ahead of the deadline.
The post Shapiro Asking Legislature to Eliminate Three State Tax Credits first appeared on Newsradio 1070 WKOK.
