Pennsylvania Statutes Title 72 P.S. Taxation and Fiscal Affairs § 8754-L. Use of tax credits

(a) Initial use.--Prior to sale or assignment of a tax credit under section 1756-L,  1 a qualified taxpayer must first use a tax credit against the qualified tax liability incurred in the taxable year for which the tax credit was approved.

(b) Eligibility.--The tax credit may be applied against up to 20% of the qualified taxpayer's qualified tax liabilities incurred in the taxable year for which the tax credit was approved.

(c) Limit.--A qualified taxpayer that has been granted a tax credit under this subarticle shall be ineligible for any other tax credit provided under this act or a tax benefit as defined in section 1701-A.1.  2