Pa. House Democrats: Rabb Supports Startups in Impacted Communities With Amendment
June 13, 2024
June 13, 2024
HARRISBURG, Pennsylvania, June 13 -- The Pennsylvania House Democrats issued the following news release on June 12, 2024:
The Pennsylvania House Finance Committee today approved legislation that would allow tech and bio-tech startups with unused net operating loss carryover to sell the tax benefits for use by other taxpayers subject to the Corporate Net Income tax. The bill passed with an amendment included by state Rep. Chris Rabb that would make sure businesses in impacted communi . . .
The Pennsylvania House Finance Committee today approved legislation that would allow tech and bio-tech startups with unused net operating loss carryover to sell the tax benefits for use by other taxpayers subject to the Corporate Net Income tax. The bill passed with an amendment included by state Rep. Chris Rabb that would make sure businesses in impacted communi . . .