grant dced/15

Coal Refuse Energy and Reclamation Tax Credit for Power, Emissions Control, and Mine Reclamation

This tax credit supports eligible facilities that generate electricity using coal refuse. It also incentivizes pollution control for acid gas emissions and promotes reclamation by using ash from the power process to restore mining-affected sites. The support is provided through tax credits tied to these activities.

The Coal Refuse Energy and Reclamation Tax Credit provides tax credits to eligible facilities which generate electricity by using coal refuse for power generation, control acid gases for emission control, and use ash produced by the facilities to reclaim mining-affected sites.

Funding Source

Agency: Pennsylvania Community & Economic Development

Eligibility

Qualified taxpayers which generate electricity at an eligible facility by using coal refuse and use the ash produced by the facilities to reclaim mining- affected sites. Qualified Taxpayers must be subject to the Personal Income Tax, Corporate Net Income Tax, Capital Stock/Foreign Franchise Tax, Bank Shares Tax, Title Insurance Companies Shares Tax, Insurance Premiums Tax, Gross Receipts Tax, and Mutual Institutions Tax. Tax credits may be applied against the tax liability of a qualified taxpayer which includes a person that owns an eligible facility, or is a transferor, purchaser, affiliate or assignee of a person to which a Coal Refuse Tax Credit certificate is issued.

Qualified taxpayers which generate electricity at an eligible facility by using coal refuse and use the ash produced by the facilities to reclaim mining- affected sites. Qualified Taxpayers must be subject to the Personal Income Tax, Corporate Net Income Tax, Capital Stock/Foreign Franchise Tax…

Dates

Application Opens: July 1, 2024

Supporting links

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