Applicability

Act 2 of 1971, § 1742-L, under TAX REFORM CODE OF 1971.

Act 2 of 1971, § 1742-L

Section 1742-L. Applicability.

(a) Duration.--The tax credit under this subarticle shall apply to the purchase and processing of milk produced in this Commonwealth for a period of eight years from the date the first project facility is placed into service.

(b) Limitation.--The total aggregate amount of tax credits awarded by the department under this subarticle may not exceed $120,000,000.

(1742-L added Nov. 3, 2022, P.L.1695, No.108)