PAtax_creditmixed

Pennsylvania Innovate Tax Credit (Insurance Premium Tax)

INNOVATE · Pennsylvania

Summary

$100M insurance premium tax credits auctioned by the state. Taxpayers bid for and purchase credits; proceeds fund qualifying projects. Distribution model: state_auction (deferred to Amendment 02).

Benefit

Percentage
Flat
Duration
Max annual
(taxpayer)
Max total
(taxpayer)
Carryforward

Program metadata

Distribution
state_auction
Claimant subject
business
Refund/transfer election
Program family
Effective
Sunset
Application deadline
Transfer discount

Hard requirements (0)

None.

Preference / tiering rules (0)

None.

NAICS industries (0)

Any.

Geo zones (0)

Statewide / none specified.

Tags (2)

  • requires_application: true
  • deferred_credit_auction_seeding: true

Source

https://www.pa.gov/agencies/revenue/incentives-credits-and-programs/tax-credits
PA Innovate Program (2017)
Last verified: 2026-04-22
DEFERRED: Requires credit_auctions + distribution_model="state_auction". $100M pool.