HB1429
Type: B Origin: House Pennsylvania Comments: 0

In Neighborhood Assistance Tax Credit, Further Providing For Tax Credit And For Grant Of Tax Credit.

Summary
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The Neighborhood Assistance Tax Credit bill aims to expand and enhance the existing tax credit program. It seeks to provide additional benefits for taxpayers who contribute to community programs and projects. The key provisions include increasing the tax credit amount available, expanding eligibility criteria, and streamlining the application process. This bill is designed to encourage more support for local initiatives, foster community development, and stimulate economic growth in neighborhoods across the United States.

Bill Activity

  • 2023-06-20: Referred to FINANCE

  • 2023-10-04: Reported as committed

  • 2023-10-04: First consideration

  • 2023-10-04: Laid on the table

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