Current through Pa Acts 2024-53, 2024-56 through 2024-92
(a)Duties.--On or before January 1, 2015, and January 1 of each subsequent year, the department, in consultation with the authority and each regional biotechnology research center, shall do the following: (1) Submit a report on the implementation of the program to all of the following:(ii) The chairman and minority chairman of the Appropriations Committee of the Senate.(iii) The chairman and minority chairman of the Appropriations Committee of the House of Representatives.(2) Publish the report under paragraph (1) on the department's publicly accessible Internet website.(b)Contents.--The report under subsection (a) shall include the following: (1) The name of the purchaser of premiums tax credits.(2) The amount of premiums tax credits allocated to the purchaser.(3) The amount of capital the purchaser contributed for the issuance of the tax credit certificate.(4) The amount of any tax credits that have been transferred under section 1810-F(e).(5) The amount of funds received by the recipients during the previous year.(6) The cumulative amount of capital received by the department in connection with the sale of the tax credits.(7) The amount of capital remaining uninvested at the end of the preceding calendar year.(8) The names and locations of businesses receiving capital from the recipients, the reason for the investment and the amount of the investment.(9) The total number of jobs created in this Commonwealth by the investment and the average wages paid for the jobs.(10) The total number of jobs retained in this Commonwealth as a result of the investment and the average wages paid for the jobs.Added by P.L. 270 2013 No. 52, § 32, eff. 7/9/2013.