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House hearing probes lowered thresholds, higher per-gallon credit for milk processors
Summary
House Bill 500 would reduce the capital and job thresholds for the EDGE milk processing tax credit and increase the per-gallon credit, including an added premium for facilities using majority organic milk. The bill keeps the existing annual cap of $15 million.
The House Finance Committee discussed proposed changes to Pennsylvania’s EDGE milk processing tax credit during a public hearing on House Bill 500.
Representative John Inglis, the bill’s prime sponsor, said the Department of Agriculture and Department of Community and Economic Development requested updates because the current thresholds have made the credit unattainable. Under…
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