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.

This bill updates Pennsylvania's historic preservation tax credit program by increasing the annual funding limit from $5 million to $20 million. It allows the Department of Community and Economic Development to award these tax credits on a first-come, first-served basis if the full amount is not claimed during the initial application window. The changes apply to fiscal years starting after June 30, 2025, and take effect immediately, providing more financial incentives for property owners and developers to restore historic buildings.