PA SB949

Exempts Pennsylvania steel products from state sales and use tax, requiring at least 75% of product materials to be mined, produced, or manufactured in Pennsylvania to qualify

Creates the FORGE (Fueling Opportunities for the Revitalization, Growth and Efficiency) Steel Tax Credit with $20 million available annually, offering up to 3% base credit plus an additional 3% for advanced manufacturing investments in lower-carbon production, hydrogen/electricity generation, or recycled steel use

Requires qualified taxpayers to invest at least $50 million in facility improvements and create at least 100 full-time jobs to be eligible, with total credits capped at 30% of capital investments

Recipients must maintain or increase employment levels for five years and implement workforce development training programs, with credits subject to recapture for non-compliance or relocation out of state

Tax credits may be sold or assigned after the initial calendar year but cannot be carried forward, carried back, or refunded; provisions apply to tax years beginning after December 31, 2026