Nelson applauds state budget’s increase in school funding, investment in crucial programs that support Pennsylvanians
Rep. Napoleon Nelson July 7, 2022 | 9:38 PM
HARRISBURG, July 7 – State Rep. Napoleon Nelson, D-Montgomery, released the following statement Thursday regarding the state budget.
“I’m grateful my colleagues on both sides of the aisle were able to meet on common ground to get this budget passed. There is a lot to unpack in Senate Bill 1100, including the $850 million more in the budget for K-12 basic education funding, $27 million of which was earmarked for Montgomery County Schools.
“The commonwealth’s crucial Property Tax/Rent Rebate Program saw an increase in funding upward of $140 million. This is much-needed funding for individuals on fixed incomes. As it stands today, this funding will provide current participants with another one-time check that is equal to 70% of what they receive in this year’s rebate.
“The budget also reduced Pennsylvania’s Corporate Net Income Tax rate while closing a few loopholes, expands incentives for businesses to invest in research and development and biotech. It also increases our funding commitment to entrepreneurship through the Ben Franklin Technology Partners. We even increased the film industry tax credit.
“We have increased funding in housing affordability and rehabilitation; school safety, security and mental health; public safety and violence prevention; and so much more.
“In total, the budget aims to make a large impact across the commonwealth and right here in our community. No budget is perfect, but each budget should reflect our top priorities and this one displays our priorities in our children, our seniors and the future of business in PA.
“There is more work to be done, and I have a great deal more to learn, but I am encouraged by this budget and the resources that will begin to make their way into each of our neighborhoods.”