Pennsylvania House Republicans have unveiled a pro-jobs, recovery-focused legislative package designed to achieve a better normal. The initiative, “Commonwealth’s COVID Comeback,” would rebound the economy by incentivizing manufacturing with no new taxes or fees.

We can and should make Pennsylvania better than before. With all of the talk about creating a new normal, our caucus wants to start Pennsylvania on the road to a better normal.

Highlights of the package include

•     Manufacturer incentives to create tax abatements and job creation tax credits for businesses that create local jobs in targeted zones within Pennsylvania.  
•     A reduction in Pennsylvania’s Corporate Net Income Taxes (CNIT) rate from 9.99% to 5.99% by Jan. 1, 2025.  
•     A “Jobs of the Future Study,” which would review opportunities for the development of new industries.  
•     Commonsense protections via limited liability to the critical suppliers, health care providers and employers operating during the pandemic.  
•     Department of Environmental Protection permit predictability to ensure permitting decisions are made promptly and reliably.  

 
>> Read the press release detailing the Commonwealth COVID Comeback announcement


House Republicans unveil the plan at the Steamfitters Technology Center in Harmony, PA 



Components of Commonwealth COVID Comeback Plan

Reshore to Restore, sponsored by Rep. Josh Kail
Would create tax abatements and job creation tax credits for businesses that build a manufacturing facility that provides critical  supplies and goods for American consumers. Manufacturers would have to use local labor to enjoy the benefits.

Pennsylvania’s Corporate Net Income Taxes (CNIT), sponsored by Rep. Natalie Mihalek
Would reduce the CNIT rate from 9.99% to 5.99% by Jan. 1, 2025.

Jobs of the Future Study, sponsored by Rep. Mike Reese
Would create a committee to review opportunities for the development of new industries.

COVID Immunity, sponsored by Rep. Torren Ecker
Would provide civil liability to reflect our current unprecedented situation.

DEP Permit Predictability, sponsored by Rep. Jonathan Fritz
Would ensure that permitting decisions are made promptly and reliably.