Posted: | December 12, 2012 05:12 PM |
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From: | Representative Stan Saylor |
To: | All House members |
Subject: | Job Creation Through Investment |
In the near future, I will re-introduce legislation (House Bill 1503) aimed at accelerating job creation in Pennsylvania-based small businesses through the creation of an angel investment tax credit. My proposal provides for a 25 percent tax credit for investments in qualified Pennsylvania businesses. Qualified businesses include firms focused on commercializing innovative new technologies, have been in business for less than seven years, and have less than 100 employees. Previous co-sponsors include:SAYLOR, PAYNE, EVANKOVICH, AUMENT, BOYD, DUNBAR, HARRIS, MILNE, RAPP, SCAVELLO, MAJOR, BAKER, CALTAGIRONE, CHRISTIANA, CLYMER, CREIGHTON, CUTLER, DALEY, ELLIS, EVERETT, FARRY, GILLESPIE, GINGRICH, GOODMAN, GROVE, HARHAI, HARKINS, HENNESSEY, HESS, HICKERNELL, HORNAMAN, KAUFFMAN, M. K. KELLER, KILLION, KORTZ, LAWRENCE, LONGIETTI, MARSHALL, MARSICO, MILLER, OBERLANDER, PICKETT, PRESTON, PYLE, READSHAW, ROAE, ROCK, SAINATO, M. SMITH, STEVENSON, SWANGER, TALLMAN, TOOHIL, VULAKOVICH, WAGNER, GIBBONS, QUINN, BROOKS, TRUITT, COX, GEIST, MURT, BEAR, DENLINGER, FRANKEL and KAMPF I hope you will consider joining me in support of this important legislation. If you have any questions about this legislation, please contact my office at 783-6426 or by email to slindner@pahousegop.com. |
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View Attachment |
Introduced as HB36