Topics:
July 16, 2024
What the Pennsylvania State Budget Means for Small Businesses
- Expedited Permit Review by a Third-Party: Applicants can utilize third-party entities approved by the state to expedite the review process for air, land, and water permits issued by DEP and county conservation districts.
- Permit Application Tracking System: Applicants will be able to check the status of their permits online, including processing times, review dates, and estimated time remaining for each phase.
- Increased Accountability for DEP: The department will be held accountable for costs incurred by permit applicants for a priority review for failure of permit decision within the allotted time period.
- $740 million allocation to the state’s rainy-day fund.
- Incremental increase of Net Operating Loss (NOL) threshold to 80% by 2026.
- Continuation of corporate net income tax decrease.
- K-12 education funding increased $1 billion.
- $5 million in new funding to the Attorney General’s office to improve the safety of our communities including $2.7 million to combat organized retail crime.
State:
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