Applicability

Act 2 of 1971, § 1782-L, under TAX REFORM CODE OF 1971.

Act 2 of 1971, § 1782-L

Section 1782-L. Applicability.

(a) Duration.--The tax credit under this subarticle shall apply to semiconductor manufacturing, biomedical manufacturing or biomedical research conducted at each project facility for a period of five years.

(b) Limitation.--The total aggregate amount of tax credits awarded by the department under this subarticle may not exceed $100,000,000.

(1782-L added Nov. 3, 2022, P.L.1695, No.108)