Pennsylvania SB1393 amends tax reform to establish a Small Business Opportunity Program in neighborhood improvement zones.
Pennsylvania SB1393 amends the tax reform act to establish a Small Business Opportunity Program within neighborhood improvement zones. This program aims to stimulate local entrepreneurship, support early-stage and microenterprise development, and strengthen local economic vitality. Eligible businesses must be small, employ full-time equivalent employees working at least 35 hours weekly, and submit an application to the Department of Community and Economic Development.
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