Zabel announces first bill to pass House
HARRISBURG, June 24 – After working in bipartisan collaboration, state Rep. Mike Zabel, D-Delaware, today announced the first piece of legislation he helped write passed the House.
“I’m pleased to see the first piece of legislation I helped write receive unanimous support and pass the House today, but I’m also grateful to Rep. Karen Boback for her willingness to work with me to help this bill advance through the House,” Zabel said. “The bill would save taxpayer dollars and ensure that businesses are investing resources in the community where Keystone Opportunity Zones are located – which includes Clifton Heights.”
Zabel worked with Boback, R-Luzerne/Lackawanna/Wyoming, to create H.B. 1377, which would close an unintended tax loophole in the Keystone Opportunity Zone Program.
The bill would prevent a business from taking advantage of a second round of tax breaks if it relocates from one KOZ and moves to another.
The program was created to utilize communities’ unused, abandoned land and buildings to revitalize areas to benefit communities where KOZs exist.
The bill passed the House 201-0 on Thursday and moves to the Senate for consideration.