Oct. 06, 2023 / Press Release
HARRISBURG – Since first running for office, state Rep. Dallas Kephart (R-Clearfield/Cambria) has considered jobs and economic growth to be some of his top policy priorities. This week, the first-term lawmaker delivered on his promise by passing an amendment to cut one of the nation’s highest business taxes.
“As any member of the minority party in Harrisburg will tell you, getting a bill moved through the Democrat-controlled House is very difficult,” said Kephart. “We Republicans must find creative ways to secure wins and enact pro-growth initiatives to grow the economy and allow businesses to invest further in Pennsylvania. That’s exactly what my amendments to
House Bill 1219 do, and both were supported overwhelmingly by lawmakers from both sides of the aisle.”
Kephart’s amendments to the state budget package would help job creators in two ways: reduce Pennsylvania’s Corporate Net Income Tax and increase the percentage of net-operating losses that may be carried forward.
“If you own a business, you know how valuable these tax cuts would be…and it’s not just business owners who stand to benefit from this amendment,” Kephart added. “All Pennsylvanians are served by reduced tax burdens on job creators. Doing so attracts additional businesses who will offer more family-sustaining jobs that will grow our local economies and keep people in the area. By supporting homegrown businesses, everybody wins. It’s encouraging that my colleagues realize this truth and supported my amendment.”
The amended House Bill 1219 now goes to the Senate for consideration.
Questions about this or any state government issue should be directed to Kephart’s Clearfield district office at 814-765-0609, his Hastings office at 814-247-6210 or his Osceola Mills office at 814-339-6544.
Representative Dallas Kephart
73rd Legislative District
Pennsylvania House of Representatives
Media Contact: Scott Little
717.260.6137
slittle@pahousegop.com
www.repkephart.com