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PETRI
Representative
Scott
178th Legislative District
Fall 2010
Dear Friends, Small Business
Seminar to Promote
On June 30, the state Legislature passed a in revenue. That is a 40 percent reduction Job Creation
budget on time for the first time in eight years, in state income tax. Is it any surprise that
but that is where the good news ends. Haste Pennsylvanians are suffering? In June, I hosted a small business seminar at
makes waste! Many are lauding the budget as containing Bucks County Community College to provide a one-
When the budget bill was announced on the no new taxes. However, it is a safe bet that stop shop for those interested in starting or growing
House floor that night, I argued vehemently when anticipated revenues or federal funding a small business in Pennsylvania.
that it was premature. The budget was far does not come through, there will be calls for I believe that small businesses and business
from complete and we all knew it. To vote on new and increased taxes. development generally are key to job creation and
a budget in the interest of expediency was While I must commend our work on the getting our state’s economy back on track, but often
not the right thing to do. The Legislature’s Appropriations Committee, of which I am those who are interested in starting a business
determination to save face after last year’s a member, about $1 billion was cut from don’t know where to start. They need answers and
101-day budget impasse by passing a budget Governor Ed Rendell’s original budget wish they don’t know where to turn to get the advice
that was incomplete and unbalanced will cost list and the overall spending plan is still at and assistance they need. My goal was to make
us all dearly. least a half billion dollars too high. Perhaps it easy.
I voted against this budget and here are most disappointing is that there is nothing in Experts and resources were brought together
some of the reasons why: The budget relies this budget to prepare for the fiscal challenges under one roof where would-be entrepreneurs
on funding that is speculative at best and, at ahead. could attend presentations, ask questions and pick
$28.02 billion, we are simply spending too The Commonwealth is facing a projected up valuable forms and materials. Representatives
much. $3 billion to $5 billion shortfall next year when of the Bucks County Workforce Investment Board,
The budget assumed $850 million in Federal federal stimulus money dries up. The state CareerLink, accounting and insurance firms, an
Medical Assistance Percentages (FMAP) is defending a lawsuit stemming from last attorney, the Small Business Development Center,
stimulus funds. Congress recently approved year’s raiding of the MCare Fund, and pension the National Federation of Independent Business,
only $600 million, leaving Pennsylvania with obligations are looming. Prudent planning the Department of Labor and Industry, and local
zoning and land use boards were available to share
a $250 million funding gap. It was clearly should have included further cuts in spending
their knowledge.
irresponsible to count on this money when it last year, this year, and next year. The seminar was so well received that I plan to
was known that it might not fully materialize. We need to look for ways to stimulate our hold another on Thursday, Oct. 7, from 6 p.m. to 9
Now the governor will be forced to choose economy and get people back to work, and p.m. at Bucks County Community College. Admission
between cutting programs, eliminating jobs and we need to closely examine how we spend is free and all are welcome. I encourage anybody
raising taxes to make up the difference. the taxpayers’ money and spend it like it was who is interested in starting their own business to
There were many cuts in this year’s budget. our own. That is why I have proposed Rebuild take advantage of this worthwhile event.
The governor managed to increase spending PA and Energy Independence Bonds—private
for public basic education by $250 million. bond programs whereby there is no government
The share of Bucks County schools from this inducement except to ensure that the bond
increase is very small. Philadelphia schools recipient keeps its promise to investors not to
receive most of the increase. This funding outsource jobs for the projects.
could be in peril due to the loss of FMAP funds. Because I believe it is important and
What’s worse is that many other line items of appropriate for you to know how your tax
education were cut drastically, meaning that dollars are spent, over the past two years I
most of our schools will experience a net loss. have held a series of public hearings in my
Next year the projected loss in basic education district to both provide information and to
without federal stimulus money is around $600 address your questions regarding the state
million. budget. I will continue to provide information
Incredibly, there was nothing in the budget to you. As always, your input is appreciated
for job creation or for job creators. Right now, and welcome.
unemployment and under employment is one
of the greatest obstacles to our economic
recovery. In fact, it is costing us dearly. Two
years ago, if we raised the state income tax by
Scott A. Petri
one-tenth of 1 percent, we would have raised
State Representative
$500 million. Today, one-tenth of 1 percent of
178th Legislative District
the state income tax is equal to $300 million
Southampton Reformed Church celebrates by the Girl Scouts of the USA.
its 300th anniversary. Carversville turned 98 and Dorothy Ryan of
Southampton is 90. Condolences
Grace Tanner, Ivyland
Peter Scheer, Richboro
• Driver’s license and vehicle registration applications and renewals • State tax forms
• Assistance with PennDOT paperwork • Student aid applications
(lost cards, changes, corrections, special registration plates, vanity plates, • State maps and state park information
and temporary placards for disabled persons) • Copies of legislation
• PACE and PACENET applications for seniors • Tours of the State Capitol
• Property Tax and Rent Rebate applications • Referrals to agencies to resolve state-
• Voter registration forms and absentee ballot applications related matters
If you need help with any of the above or with any other state-related matter, please do not hesitate to call.