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Category: Government

Government

High court reverses ruling in tax-refund case

Pennsylvania is dodging a fiscal bullet thanks to a ruling handed down yesterday by the state’s highest court.At issue was a corporate taxpayer’s demand for a $2 million refund after a tax structure was declared unconstitutional.The Commonwealth Court ruled last year that the state should pay the refund. But a divided Supreme Court reversed the decision.Justices argued, […]

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Government

Guv aims to speed permits for ‘complex and impactful’ projects

Gov. Josh Shapiro is hoping to ensure ambitious developers have a friend in Pennsylvania — or at least an easier time securing permits for construction.At an event in Philadelphia yesterday, the governor signed an executive order creating a transparent, fast-track permitting program for what are being described as “complex and impactful economic development and infrastructure projects.”State officials […]

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Government

Deal would transfer control of beleaguered Harrisburg apartments

Under a proposed settlement filed in court last week, the owner of an embattled Harrisburg apartment complex is agreeing to cede control of the property to an independent receiver and to convert its bankruptcy case to a liquidation.The deal, which requires court approval, would end a festering dispute between the city and the apartment owner, […]

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Government

Court shoots down overtime expansion

In a ruling Friday, a Texas judge scuttled an expansion of overtime pay that took effect in July.The decision sinks a Biden administration regulation that lifted the salary threshold for determining who is eligible for overtime pay.Another increase was slated to take effect in January, but that is now off the table, pending any potential […]

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Banking/Finance

Studies see benefit in state-run retirement savings

State-backed retirement plans, which have been proliferating around the U.S., appear to boost savings among workers, according to a study released yesterday.Workers are 20% more likely to contribute to a retirement savings account if they work at a business in a state that has an auto IRA program, according to the study, undertaken by payroll […]

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Construction

Regional projects land state funding

High-profile construction projects around the region are in line for millions of dollars in state funding under grant awards disclosed Friday.Beneficiaries include a proposed sports complex in North York, a residential project underway in Lancaster County and the planned makeover of Harrisburg’s former federal building.They are among more than 400 projects statewide awarded nearly $600 […]

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Accounting

Guv signs off on new tax-appeal option

Pennsylvania taxpayers are poised to get a new avenue for disputing tax bills they don’t like. Under legislation signed into law yesterday by Gov. Josh Shapiro, state officials will be rolling out independent mediation as a way to settle tax disputes before they reach state courts.Under previous law, taxpayers interested in a settlement would negotiate directly with […]

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Construction

Pharma giant plowing millions into Lancaster County campus

Life sciences heavyweight GSK is investing up to $800 million into its Marietta-area campus with plans to boost capacity and produce cutting-edge vaccines targeting illnesses like pneumonia and meningitis.The project, described as the British company’s largest-ever investment in U.S. manufacturing, entails construction of a new 300,000 square-foot facility and refurbishment of an existing building, along with the […]

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Construction

State testing $10M program to boost housing supply

State officials yesterday unveiled a pilot grant program designed to fund mixed-use projects with a residential component.State officials see the $10 million program as a first step in addressing the shortage of affordable housing in Pennsylvania, a shortage that is drawing attention at every level of government.Funding is available for preparing sites for development, converting […]

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