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Legislation & Public Policy Issues in Preservation     


Legislation & Public Policy Issues in Preservation
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Lawmakers Expected to Introduce Legislation to Expand and Improve Pennsylvania's Historic Tax Credit
Historic Preservation Blog from PreservationDirectory.com -
Contributed By: Preservation Action
Email The Author: mail@preservationaction.org
Website: http://preservationpa.org/page.asp?id=15

Lawmakers are expected to introduce legislation in the Pennsylvania House and Senate that would expand, improve and extend the state's historic tax credit program. The legislation would increase the annual cap on the program from $3 million to $30 million and the per-project cap from $500,000 to $2.5 million. The proposal would also reauthorize the program, which is due to sunset in 2020, for another 10 years until 2030.  

Since the tax credit was established in 2012, it has helped to rehabilitate historic properties across the state, creating jobs and revitalizing communities. Advocates argue the proposed changes would allow the program to have an even greater impact and would keep the credit competitive with other nearby states, many of which have a more robust historic tax credit program. 

Check out Preservation Pennsylvania's latest advocacy alert to learn more and find out how you can help! 


Posted: February 8, 2019
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