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Commissioners approve extension of KOEZ tax benefits for targeted parcels, contingent on state approval
Summary
The board approved a resolution extending tax exemptions and credits for a designated Keystone Opportunity Expansion/Improvement Zone parcel, contingent on Pennsylvania DCED approval and pending local municipality and school board sign-off.
The Bedford County Board of Commissioners on Sept. 9 approved Resolution/Ordinance #09.09.2025 to extend the term of local tax exemptions and credits for a designated parcel within a Keystone Opportunity Expansion Zone (KOEZ) or Keystone Opportunity Improvement Zone (KOIZ), subject to approval by the Pennsylvania Department of Community and Economic Development (DCED) and pending concurrence from Bedford Township and the Bedford Area School Board.
Jennifer Marsh, president and CEO of the Bedford County Development Association, summarized the proposed ordinance and said the extension aims to stimulate investment, employment and redevelopment in an underutilized area of the county. The resolution states that, upon occupancy, the extended parcel would receive a 100% real property tax exemption beginning Jan. 1, 2026, for a ten-year period and enumerates other eligible tax benefits under the Act if DCED approves the application.
The motion was approved by the board. County staff said application to DCED and required local approvals must be obtained before the extension becomes effective.
