Exempts nonprofit vet organizations from realty transfer tax
Wilkes-Barre, August 17, 2016 – State Sen. John Yudichak’s legislation exempting nonprofit veterans’ organizations from the realty transfer tax has been signed into law.
Yudichak (D-Luzerne/Carbon) succeeded in adding the language from his veterans’ bill (Senate Bill 421) into the state’s tax code legislation (Act 84), which was enacted by Gov. Tom Wolf.
“As our veterans organizations face membership fluctuations, we must work to ensure they are not penalized for merging or transferring property,” Yudichak said.
“I will continue to work on legislation that provides our veterans with the appropriate benefits, support and the respect they deserve.”
Yudichak credited veterans’ organizations for playing an active leadership role in communities throughout the state. Ranging from charitable work to social and civic activities, Yudichak said the organizations are important to both their membership and community.
A similar tax exemption already exists for volunteer fire and emergency service organizations.
Yudichak also pointed to two other measures in the budget package that benefitted veterans. They include:
- a veteran job creation tax credit that will allow businesses to claim $2,500 for every veteran they hire; and
- the Neighborhood Assistance Program was expanded to provide more affordable housing opportunities for veterans.
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Hazleton, August 5, 2016 – State Sen. John Yudichak (D-Luzerne/Carbon) issued the following the statement on the sale of Hazleton based DBI Services to Sterling Partners of Chicago.
“I welcome Sterling Partners to northeastern Pennsylvania, and I look forward to working with their management team as they build upon the impressive growth and success of DBI Services.”
“After speaking with Sterling Partners executive team, it is clear to me that the company wants to use their expertise and considerable financial resources to expand growth opportunities in northeastern Pennsylvania by investing in DBI’s world class employees, creating new jobs and continuing its commitment to Greater Hazleton.”
“Neal and Paul DeAngelo built an indelible business legacy and created a family entrepreneurial culture in Hazleton that they have now ensured will endure through their strategic alliance with Sterling Partners.”
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