The Pennsylvania Senate approved a state tax credit for a company to build a multi-billion dollar petrochemical plant in Beaver County. The measure, which was approved June 29 by a vote of 43-6, must still re- ceive House approval before Gov. Tom Corbett can sign it into law. The measure would place a Beaver County petrochemi- cal plant operator in the Keystone Opportunity Zone, which eliminates specific state and local taxes for a specified time. In addi- tion tax credits would be sold to companies doing business with Shell in the state in order to further enhance the at- tractiveness of the facility and bring business to the state. Tax credits would begin being sold in 2017.
展开▼
