Potter County offers qualifying businesses a tax incentive for construction or expansion of commercial properties. They can receive a 100-percent real estate tax abatement in year one, 80 percent in year two, 60 percent in year three, 40 percent in year four, and 20 percent in year five.

A 1977 state law, the Local Economic Revitalization Tax Assistance (LERTA) Act, authorizes the tax incentive program to support business expansion and job retention/creation. The ordinance applies only to the county portion of real estate taxes. However, school districts, boroughs and townships also have the authority to offer similar incentives.

Copies of the county’s LERTA ordinance are available at the Commissioners Administrative Office in the Gunzburger Building. To obtain a copy, call 814-274-8290, ext. 207.