Job Creation Tax Credits (JCTC)

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JCTC Program Summary

A $1,000 per-job tax credit to create new jobs in Pennsylvania within three years


Eligible Businesses

Approved businesses that agree to create jobs within three years; 25% of the tax credits allocated each year must go to businesses with less than 100 employees

Uses and Purposes of Funding

Tax credits used to offset various business tax liabilities

Amounts

$1,000 per-job tax credit

Terms

  • Tax credits may not be utilized by a business until the jobs are actually created
  • Job Creation and Retention
  • Must create at least 25 new jobs or expand the existing workforce by at least 20%