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House passes EDGE 2.0 energy and manufacturing tax-credit package after floor debate
Summary
The House passed House Bill 500, which revises and expands the Pennsylvania EDGE tax credit program to add incentives for reliable energy, hydrogen, semiconductor and other manufacturing projects; final passage recorded 108 yeas and 95 nays.
The Pennsylvania House on May 14 passed House Bill 500, a revision and expansion of the EDGE (Economic Development for a Growing Economy) tax credit package that aims to incentivize energy projects, manufacturing and processing investments in the commonwealth.
Representative English, the bill’s floor sponsor, said EDGE 2 would “unlock billions of dollars in new investments” and described six components: a Reliable…
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