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NAP, REAP, EEEP, VGP and KSDZ Tax Credit Reviews

IFO presentation of the Neighborhood Assistance Program, Resource Enhancement and Protection Program, Entertainment Economic Enhancement Program, Video Game Production and Keystone Special Development Zone Tax Credit Reviews.

Tags: credit, eeep, ksdz, nap, reap, review, tax, vgp

NAP, REAP, eeep, VGP and KSDZ Tax Credit Reviews

IFO presentation of the Neighborhood Assistance Program, Resource Enhancement and Protection Program, Entertainment Economic Enhancement Program, Video Game Production and Keystone Special Development Zone Tax Credit Reviews.

04/26/2021

TC_2021_Entertainment_Economic_Enhancement_Program.pdf

to the public on the IFO website. This report contains the tax credit review for the Entertainment Economic Enhancement Program (EEEP). The IFO reviewed industry reports that relate to economic incentives for the entertainment industry, held discussions with various stakeholders and available for review. This analysis examines avail- able data and other issues that determine the net economic return of the EEEP Tax Credit. The IFO welcomes all questions and comments on the contents of this report. Questions and comments can be

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PBB_Board_Hearing_Apr_26_2021.pdf

Theme: improving the lives of PA residents ▪ NAP – incentivizes investment in distressed communities ▪ REAP – reduces water pollution from agricultural operations ▪ EEEP – increases economic activity in the live entertainment sector ▪ VGP – encourages expansion of the video game production industry ▪ KSDZ – redevelopment of type of spending and industries are affected? ▪ Use IMPLAN to estimate jobs, output and “multiplier” impacts Economic metrics for NAP, EEEP and VGP ▪ Gross ROI vs. net ROI (deducts alternative use of monies) ▪ Output or spending | labor earnings | number of jobs

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Independent Fiscal Office

and agency highlights for the Department of Transportation and the Department of Human Services (Part 2). ... (Full Report) NAP, REAP, EEEP, VGP and KSDZ Tax Credit Reviews Tax Credit Review April 26, 2021 IFO presentation of the Neighborhood Assistance Program, Resource

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