Connect with us

Hi, what are you looking for?

Latest News

Pennsylvania House clears tax credits for new teachers, nurses, police officers

A proposed tax credit to recruit new teachers, nurses and police officers passed through the Pennsylvania House of Representatives with bipartisan support on Tuesday, but leaders of the Republican-controlled Senate have suggested it lacks support in the caucus.

The bill passed 137-66, with every Democrat and about one-third of Republicans supporting it.

The tax credit is a key element of Democratic Gov. Josh Shapiro’s budget proposal that he hopes will attract more people into Pennsylvania’s ranks of police officers, nurses and teachers amid nationwide shortages in the fields.

The bill would provide a tax credit of up to $2,500 annually for three years for a Pennsylvania resident after they become certified, or after they move to Pennsylvania with a state-recognized credential.

To earn the full tax credit, however, a worker would have to make almost $82,000 — far above the starting salaries of the vast majority of nurses, teachers and officers.

Still, Democrats said that the legislation would help address the ‘acute shortages’ in the addressed industries.

‘In no area are those shortages more painful and potentially more dangerous than the area of policing, nursing and the teachers that provide for our children,’ said House Majority Leader Matthew Bradford, D-Montgomery.

Republican leadership criticized the legislation as not helping the workers already in the field.

It next goes to the Senate, where Republican leadership has referred to the measure as a ‘Band-Aid approach,’ and said it lacks the caucus’s support.

<!–>

This post appeared first on FOX NEWS

–>

    You May Also Like

    Economy

    Boeing’s crew spacecraft Starliner will stay docked with the International Space Station into August, NASA confirmed on Thursday, as the mission remains on hold...

    Editor's Pick

    In this edition of StockCharts TV‘s The Final Bar, Dave shows how breadth conditions have evolved so far in August, highlights the renewed strength in the...

    Stock

    S&P 500 pared back its intraday gain on Wednesday following a Bloomberg report that Royal Group has built a multi-billion-dollar short position in U.S....

    Economy

    A U.S. judge has ruled that former Bed Bath & Beyond investor Ryan Cohen can be sued by investors over a tweet he posted featuring an...

    Disclaimer: Richpeoplenetworks.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2024 Richpeoplenetworks.com