Rep. O'Brien shares details of proposal that would provide a tax credit for student loan interest

Rep. O'Brien shares details of proposal that would provide a tax credit for student loan interest

Rep. Mike O'Brien (D-Philadelphia) joined The PLS Reporter to discuss his proposal that would provide a tax credit for interest paid on students loans.

Thursday, March 9, 2017/Author: Kara Barmoy
Categories: Video
Wolf announces funds for Women's Center and Shelter of Greater Pittsburgh to upgrade facility and programs

Wolf announces funds for Women's Center and Shelter of Greater Pittsburgh to upgrade facility and programs

The Women’s Center and Shelter of Greater Pittsburgh is set to receive $12 million in tax credits to help with some much needed improvements to the centers building.

Governor Tom Wolf announced Wednesday that Commonwealth Cornerstone Group (CCG) has completed $5 million in New Markets Tax Credits (NMTC) that will allow all three floors of the 38,000-square-foot building to be updated, allow the shelter to expand and enhance its programs for abused women and their children. 
Thursday, March 2, 2017/Author: Alanna Koll
Categories: Pittsburgh
Facing increasing deficits, Gov. Wolf proposes $32.3 billion budget balanced on substantial revenue and structural reforms

Facing increasing deficits, Gov. Wolf proposes $32.3 billion budget balanced on substantial revenue and structural reforms

Gov. Tom Wolf gave the third budget address of his tenure Tuesday afternoon before a joint session of the General Assembly. The proposed budget he presented to legislators for FY 2017-2018 rings in at a total of $32.3 billion, a 1.8 percent increase over last year’s spending number.

 

The increase in spending comes as Pennsylvania faces an ongoing struggle with its structural deficit, leaving a hole of upwards of $700 million for the current fiscal year and potentially as high as $2.3 billion for the coming fiscal year.

Tuesday, February 7, 2017/Author: Jason Gottesman
Categories: News and Views

Tax credits for affordable housing, waterfront developments coming to Pittsburgh

With the passage of a new revenue plan for FY 2016-2017, a number of tax credits have been awarded for housing and waterfront developments across the Pittsburgh region and the state. 

Sen. Randy Vulakovich (R-Allegheny/Shaler) announced a waterfront tax credit based off of his SB 282, which encourages private investment in properties that create public access to waterfronts through a tax credit, was included as part of the revenue package signed into law Wednesday evening. 

“The Waterfront Development Tax Credit will be a tremendous help in the future development of waterfronts across the Commonwealth,” said the senator. “The City of Pittsburgh has been revitalizing our waterfront where it has become the envy of other cities with riverfronts.” 
Friday, July 15, 2016/Author: Alanna Koll
Categories: Pittsburgh
RSS