Section 1612-X. Additional keystone opportunity expansion zones for certain counties of the fourth class.
(a) Establishment.--In addition to any designations under this article, Article XIX-D of the Tax Reform Code of 1971 or the KOZ Act, the department may designate one additional keystone opportunity expansion zone that includes an area in a county that has a population of at least 130,000 but less than 135,000 based on the 2020 Federal decennial census.
(b) Criteria.--Notwithstanding Article XIX-D of the Tax Reform Code of 1971 and the KOZ Act, the additional keystone opportunity expansion zone under subsection (a):
(1) May not be less than 10 acres in size.
(2) May not exceed, in the aggregate, a total of 300
acres.
(3) Shall be composed of at least 40 acres within a
city of the third class in the county.
(c) Authorization.--
(1) Businesses and affiliates of those businesses located within an additional keystone opportunity expansion zone authorized under this section shall be entitled to all tax exemptions, deductions, abatements or credits under Chapter 5 of the KOZ Act for a period of 10 years.
(2) Exemptions for sales and use taxes under section 511(a) of the KOZ Act shall commence upon designation of the keystone opportunity expansion zone by the department and shall continue for 10 years.
(d) Application.--
(1) In order to receive a designation under this section, the department must receive an application from an economic development authority, or an economic development authority's designee, no later than October 1, 2026. The application must contain the information required under section 302(a)(1) and (2)(i) and (ix) of the KOZ Act.
(2) The department, in consultation with the Department of Revenue, shall review the application and, if approved, issue a certification of all tax exemptions, deductions, abatements or credits under Chapter 5 of the KOZ Act consistent with subsection (c) within three months of receipt of the application.
(3) The department shall act on an application for a designation under this section no later than December 31, 2026.
(e) Applicability.--
(1) The exemptions, deductions, abatements or credits authorized under Chapter 7 of the KOZ Act shall not apply to this section.
(2) The department may not require that the political subdivision in which the additional keystone opportunityexpansion zone under this section is located approve anapplication submitted under subsection (d).
(3) The provisions of section 902 of the KOZ Act shall apply to an additional keystone opportunity expansion zone approved under this section.
(1612-X added Nov. 12, 2025, P.L.156, No.45)