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
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
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 […]
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 […]
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 […]
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 […]
Companies that build or expand power plants in Pennsylvania stand to benefit from millions of dollars in tax credits under legislation approved in the state House.However, the companies would have to navigate complicated criteria to claim the credits, including requirements capping carbon emissions and setting minimum thresholds for capital spending.The legislation updates a $2 billion-plus […]
A Pennsylvania state senator is escalating his dispute with the state revenue department over tax records related to an economic development zone in the Lehigh Valley.For the last few months, Sen. Jarrett Coleman has been seeking tax records related to a state-sanctioned improvement zone in downtown Allentown and questioning whether taxpayers are getting their money’s […]
Pennsylvania’s attorney general has set up an online portal where companies in Pennsylvania will be required to report data breaches under amendments enacted this year to the state’s breach notification laws. Signed into law in June, the amendments require companies to report breaches that affect at least 500 Pennsylvanians starting Sept. 26.In preparation for the […]
The grounds of the former Harrisburg State Hospital are heading for a makeover.The Pennsylvania Department of General Services yesterday unveiled plans to build a $450 million laboratory complex on the 30-acre property, which has been mostly vacant since 2006. The project includes a new $325 million, 300,000 square-foot joint lab to be shared among the […]
In a roughly 50-minute speech yesterday afternoon at a York factory, former President Donald Trump argued that, if elected for another term, he would usher in a U.S. manufacturing boom driven by higher tariffs, lower taxes, better trade deals and a reduction in energy costs.“Together, we will reclaim our nation’s destiny as the No. 1 […]