Section 8803-B - Application process(a) Application.--A company must complete and submit to the department a job creation tax credit application.(b) Creation of jobs.-- Except as provided under this subsection, an applicant must agree to create at least 25 new jobs or to increase the applicant's number of employees by at least 20% within three years of the start date. A small business applicant must agree to increase the applicant's number of employees by at least 10% within three years after the start date.(c) Approval.--If the department approves the company's application, the department and the company shall execute a commitment letter containing the following: (1) A description of the project.(2) The number of new jobs to be created.(3) The amount of private capital investment in the project.(3.1) A statement authorizing the per job credit as a single year or multiple year credit.(4) The maximum job creation tax credit amount the company may claim.(5) A signed statement that the company intends to maintain its operation in this Commonwealth for five years from the start date.(6) Such other information as the department deems appropriate.(d) Commitment letter.--After a commitment letter has been signed by both the Commonwealth and the company, the company shall receive a job creation tax credit certificate and filing information.(e) Expiration.--The department may not approve an application for a tax credit under this Article after June 30, 2020.Amended by P.L. TBD 2019 No. 13, § 17, eff. 7/1/2019.Amended by P.L. 751 2012 No. 85, § 19.2, eff. 7/2/2012.1971, March 4, P.L. 6, No. 2, § 1803-B, added 2001, June 22, P.L. 353, No. 23, § 22, effective July 1, 2001.