Overview

Beginning in 2017, any manufacturer purchasing natural gas containing ethane as a petrochemical feedstock at a facility within the Commonwealth could be eligible for a PRM Tax Credit equal to five cents per gallon ($2.10 per barrel) of ethane purchased and used in manufacturing ethylene, so long as the company makes a capital investment of at least $1 billion and creates the equivalent of at least 2,500 full-time jobs while constructing the manufacturing facility. Effective for ethane purchased between Jan. 1, 2017 and Dec. 31, 2042.

This program provides a powerful incentive that will revitalize Pennsylvania’s manufacturing industry, create thousands of good-paying Pennsylvania jobs and secure long-term economic benefits for Pennsylvania residents and communities.

For more information and to apply for the Pennsylvania Resource Manufacturing Tax Credit, contact the Department of Revenue’s Office of Economic Development at 717-772-3896 or ra-rvtaxcredits@pa.gov.