HB 2541 Pennsylvania House · 2023-2024 Regular Session

An Act authorizing local taxing authorities to provide for tax exemptions for improvements and redevelopment of churches, hospitals and schools; establishing the Economic Development and Mixed-Use Redevelopment Advisory Committee within the State Planning Board; and conferring powers and imposing duties on the Department of Community and Economic Development.

This bill allows local taxing authorities in Pennsylvania to offer property tax exemptions to developers who redevelop old churches, hospitals, and schools. To oversee these efforts, it creates a new advisory committee within the State Planning Board and gives the Department of Community and Economic Development new powers and responsibilities. The law defines redevelopment as major repairs or construction that improve safety and utility, rather than simple maintenance, and requires developers to sign agreements outlining the terms of the tax breaks.
Bill status in committee 1 of 4 stages cleared
Introduction
Aug 2024
Committee Review
Floor Vote
Governor
Introduced Aug 21, 2024 Last action Aug 21, 2024