Manufacturing Tax Credit (MTC)
Provides Pennsylvania manufacturers with transferable tax credits based on increases in full-time payroll.
The Manufacturing Tax Credit awards qualified PA taxpayers a credit equal to 5% of their increase in annual taxable payroll, provided that increase is at least $1,000,000 from net new full-time jobs. Eligible taxes include Corporate Net Income, Personal Income, Capital Stock/Foreign Franchise, Bank Shares, Insurance Premiums, Gross Receipts, and others. Applications are accepted on a first-come, first-served basis via the Enterprise eGrants System until the $4,000,000 fiscal-year program cap is exhausted. Credits are assignable/sellable, providing liquidity for companies without sufficient PA tax liability.
Each grant below is a distinct funding opportunity with its own eligibility, scope, and deliverables.