FYI...Please read -----Forwarded Message----- From: [EMAIL PROTECTED] Sent: Feb 6, 2004 4:38 PM To: Mark Krull <[EMAIL PROTECTED]> Subject: FYI: Historic preservation tax cut
Hi Mark,
Thanks for your email. I wanted to forward this email to you because it mentions
a proposal by Gov. Rendell for tax cut incentives for historic preservation.
Councilwoman Blackwell might cause the city to lose the potential to earn a lot
of state money, if this bill passes. It might add to your ammunition against
her proposal to mention Gov. Rendell's plans.
Best regards,
Kim Massare
----- Forwarded message from PennFuture <[EMAIL PROTECTED]> -----
Date: Fri, 6 Feb 2004 12:11:35 -0500
From: PennFuture <[EMAIL PROTECTED]>
Reply-To: [EMAIL PROTECTED]
Subject: PennFuture's Session Daze
To: [EMAIL PROTECTED]
PennFuture's Session Daze - February 6, 2004
PennFuture's Session Daze is designed to be a brief, informative and
interesting look at public policy in Pennsylvania. Please visit our
website http://www.pennfuture.org for more information about PennFuture.
If You Clean Up Your Room, I'll Buy You a Playstation
Governor Rendell's visionary budget proposals will boost Pennsylvania's
economic competitiveness and dramatically improve the Commonwealth's
quality of life. But it also offers substantial business tax relief.
The Governor's proposal includes $27 million in new business fees on the
release of toxic emissions and the disposal of residual waste. But it
also contains over $176 million in business tax cuts and business tax
credits, including the resumption of the phase-out of the Capital Stock
and Franchise Tax, expanded research-and-development tax credits, a new
historic-preservation tax credit, expanded educational investment tax
credits, and new tax incentives for technology transfer and
university-business partnerships. In total, the proposal actually
reduces taxes on businesses by $6 for every $1 in proposed new fees.
Not a bad deal, eh?
If It's Good Enough for Tom Ridge and George Bush ..
This week, Governor Rendell and U.S. Secretary of the Interior Gale
Norton unveiled a Bush Administration proposal that will increase the
state's share of Federal funding to clean abandoned mines from $25
million $35.6 million. The new federal money would be in addition to
the Governor's proposed $180 million in bond funding for mine cleanup.
Even with this increased Federal funding, the Commonwealth still faces
decades of work to reclaim abandoned mine lands and restore degraded
waterways, underscoring the importance of the Governor's proposals.
The proposed Bush Administration plan restructures the funding formula
to give money to the states with the most mining damage, and will be
funded by a fee on the companies doing coal extraction. Governor
Rendell proposed the idea of fees to pay for some of his environmental
initiatives and was hit with immediate flak from some legislators, who
call it a tax.
When former Governor Tom Ridge proposed a $650 million initiative
devoted to environmental cleanup and protection that was approved in
2000, supporters voted for the "fees" required to generate the $135
million that was committed in the first year of the program. But as the
economy faltered and budget pressures grew, funding for Growing Greener
has shrunk to only $107 million this year. If nothing is done, funding
will dwindle further to only $80 million next year. We hope the
legislature will agree that Governor Rendell's proposal to restore
Governor Ridge's vision - and expand it to make Pennsylvania more
competitive while protecting public health - is even more important
today.
10% in 10 by the Numbers
Governor Rendell is advocating an advanced energy standard, similar to
House Bill 2250 as proposed by Rep. Chris Ross (R-Chester). Under the
Governor's plan, 7% of Pennsylvania's electricity will come from clean,
non-polluting renewable energy sources like solar, wind, biomass, and
hydroelectric power. Another 3% would come from the combustion of coal
bed methane (a potent global warming gas that leaks from Pennsylvania
mines), waste coal (piles of which degrade water and inhibit economic
development throughout the state - and which should only be considered
as a fuel source if the most stringent air pollution controls are
employed), and through energy conservation measures.
We look forward to working with the Governor and the bipartisan group of
legislators who support HB 2250 to craft a bill that allows Pennsylvania
to realize the tremendous economic, environmental, and public health
benefits of a clean energy standard.
A Stimulating Discussion on Sewers
A portion of the economic stimulus package is moving in the General
Assembly. HB 2332 - The Water and Wastewater Treatment Project Bond Act
- sponsored by Rep. Melissa Murphy Weber (R-Montgomery), would place a
question on the 2004 primary election ballot to authorize a $250 million
bond issue to fund grants and loans for construction, expansion or
improvement of water and sewer infrastructure. HB 2332 passed the
House on Wednesday by a vote of 196-0, and is now before the Senate.
Planting and Watering the Tree
This week, the House concurred unanimously on Senate amendments to H.B.
500, the Elm Street Program Act sponsored by Rep. Robert Freeman
(D-Northampton). Governor Rendell's budget proposes to fund the Act's
residential neighborhood enhancement program at $7 million per year.
This message is not intended as spam. If you would like to unsubscribe,
simply reply to this message with "unsubscribe Session Daze" in the
subject line and we will remove your name promptly.
Citizens for Pennsylvania's Future
610 N. Third St.
Harrisburg, PA 17101
----- End forwarded message -----
Title: Message
If You Clean Up
Your Room, I'll Buy You a
Playstation
Governor Rendell's visionary budget proposals will boost
Pennsylvania's economic competitiveness and dramatically improve the
Commonwealth's quality of life. But
it also offers substantial business tax relief.
The Governor's proposal includes $27 million in new
business fees on the release of toxic emissions and the disposal of residual
waste. But it also contains over
$176 million in business tax cuts and business tax credits, including the
resumption of the phase-out of the Capital Stock and Franchise Tax, expanded
research-and-development tax credits, a new historic-preservation tax credit,
expanded educational investment tax credits, and new tax incentives for
technology transfer and university-business partnerships. In total, the proposal actually reduces
taxes on businesses by $6 for every $1 in proposed new fees.
Not a bad deal,
eh?
If It’s Good Enough
for Tom Ridge and George Bush ….
This week, Governor Rendell and U.S. Secretary of
the Interior Gale Norton unveiled a Bush Administration proposal that will
increase the state’s share of Federal funding to clean abandoned mines from $25 million $35.6 million. The new federal money would be in
addition to the Governor’s proposed $180 million in bond funding for mine
cleanup. Even with this
increased Federal funding, the Commonwealth still faces decades of work to
reclaim abandoned mine lands and restore degraded waterways, underscoring the
importance of the Governor’s proposals.
The proposed Bush Administration plan restructures
the funding formula to give money to the states with the most mining damage, and
will be funded by a fee on the companies doing coal extraction. Governor Rendell proposed the idea of
fees to pay for some of his environmental initiatives and was hit with immediate
flak from some legislators, who call it a tax.
When former Governor Tom Ridge proposed a $650 million initiative devoted to environmental cleanup and protection that was approved in 2000, supporters voted for the “fees” required to generate the $135 million that was committed in the first year of the program. But as the economy faltered and budget pressures grew, funding for Growing Greener has shrunk to only $107 million this year. If nothing is done, funding will dwindle further to only $80 million next year. We hope the legislature will agree that Governor Rendell’s proposal to restore Governor Ridge’s vision – and expand it to make Pennsylvania more competitive while protecting public health - is even more important today.
10% in 10 by the
Numbers
Governor Rendell is advocating an
advanced energy standard, similar to House Bill 2250 as proposed by Rep. Chris
Ross (R-Chester). Under the Governor’s plan, 7% of Pennsylvania’s
electricity will come from clean, non-polluting renewable energy sources like
solar, wind, biomass, and hydroelectric power. Another 3% would come from the
combustion of coal bed methane (a potent global warming gas that leaks from
Pennsylvania mines), waste coal (piles of which degrade water and inhibit
economic development throughout the state – and which should only be considered
as a fuel source if the most stringent air pollution controls are employed), and
through energy conservation measures.
We look forward to working with the Governor and the bipartisan group of legislators who support HB 2250 to craft a bill that allows Pennsylvania to realize the tremendous economic, environmental, and public health benefits of a clean energy standard.
A Stimulating Discussion on Sewers
A portion of the economic
stimulus package is moving in the General Assembly. HB 2332 - The Water and Wastewater
Treatment Project Bond Act - sponsored by Rep. Melissa Murphy Weber
(R-Montgomery), would place a question on the 2004 primary election
ballot to authorize a $250 million bond issue to fund grants and loans for
construction, expansion or improvement of water and sewer infrastructure. HB 2332 passed the House on
Wednesday by a vote of 196-0, and is now before the
Senate.
Planting and Watering the Tree
This week, the House concurred unanimously on
Senate amendments to H.B. 500, the Elm Street Program Act sponsored by Rep.
Robert Freeman (D-Northampton).
Governor Rendell’s budget proposes to fund the Act’s residential
neighborhood enhancement program at $7 million per
year.
This message is not intended as spam. If you
would like to unsubscribe, simply reply to this message with "unsubscribe
Session Daze" in the subject line and we will remove your name
promptly.
Citizens for Pennsylvania's
Future
610 N. Third
St.
Harrisburg, PA
17101
