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SB1356 • 2025

An Act amending the act of March 4, 1971 (P.L.6, No.2), known as the Tax Reform Code of 1971, in historic preservation incentive tax credit, further providing for tax credit certificates.

An Act amending the act of March 4, 1971 (P.L.6, No.2), known as the Tax Reform Code of 1971, in historic preservation incentive tax credit, further providing for tax credit certificates.

Taxes
Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor
FLYNN
Last action
2026-06-04
Official status
Referred to FINANCE, June 4, 2026
Effective date
Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

An Act amending the act of March 4, 1971 (P.L.6, No.2), known as the Tax Reform Code of 1971, in historic preservation incentive tax credit, further providing for tax credit certificates.

An Act amending the act of March 4, 1971 (P.L.6, No.2), known as the Tax Reform Code of 1971, in historic preservation incentive tax credit, further providing for tax credit certificates.

What This Bill Does

  • An Act amending the act of March 4, 1971 (P.L.6, No.2), known as the Tax Reform Code of 1971, in historic preservation incentive tax credit, further providing for tax credit certificates.

Limits and Unknowns

  • This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

  1. 2026-06-04 FINANCE

    Referred to FINANCE, June 4, 2026

Official Summary Text

An Act amending the act of March 4, 1971 (P.L.6, No.2), known as the Tax Reform Code of 1971, in historic preservation incentive tax credit, further providing for tax credit certificates.

Current Bill Text

Read the full stored bill text 
PRINTER'S NO. 1772
THE GENERAL ASSEMBLY OF PENNSYLVANIA
SENATE BILL
No. 1356
Session of
2026
INTRODUCED BY FLYNN, ROTHMAN, KANE AND HAYWOOD, JUNE 4, 2026
REFERRED TO FINANCE, JUNE 4, 2026
AN ACT
Amending the act of March 4, 1971 (P.L.6, No.2), entitled "An
act relating to tax reform and State taxation by codifying
and enumerating certain subjects of taxation and imposing
taxes thereon; providing procedures for the payment,
collection, administration and enforcement thereof; providing
for tax credits in certain cases; conferring powers and
imposing duties upon the Department of Revenue, certain
employers, fiduciaries, individuals, persons, corporations
and other entities; prescribing crimes, offenses and
penalties," in historic preservation incentive tax credit,
further providing for tax credit certificates.
The General Assembly of the Commonwealth of Pennsylvania
hereby enacts as follows:
Section 1. Section 1703-H(b)(5)(ii) of the act of March 4,
1971 (P.L.6, No.2), known as the Tax Reform Code of 1971, is
amended to read:
Section 1703-H. Tax credit certificates.
* * *
(b) Review, recommendation and approval.--
* * *
(5) In granting tax credit certificates under this
article, the Department of Community and Economic
Development:
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* * *
(ii) Shall not grant more than [$500,000] $1,500,000
in tax credit certificates to a single qualified taxpayer
in any fiscal year.
* * *
Section 2. This act shall take effect in 60 days.
20260SB1356PN1772 - 2 -
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