Pennsylvania Statutes Title 72 P.S. Taxation and Fiscal Affairs § 8832-G. Prohibitions

(a) Sale or assignment.--A business firm may not sell or assign, in whole or in part, a tax credit awarded under this part other than to an affiliate having a qualified tax liability.

(b) Carryback or refund.--A business firm may not carry back or obtain a refund of an unused tax credit.

(c) Business activities.--Neither a rural growth fund nor any business firm that invests in the rural growth fund shall be an affiliate of or have a pecuniary interest in a rural business that receives a rural growth investment from the rural growth fund prior to the rural growth fund's initial rural growth investment in the rural business.