Budget & Taxes (Tax Incentives)

passed · Pennsylvania · House Jul 14, 2025

HB 1575: An Act amending the act of March 4, 1971 (P.L.6, No.2), known as the Tax Reform Code of 1971, in tax credit and tax benefit administration, further providing for definitions; and providing for factory or mill building economic revitalization.

HB 1575 creates a new tax credit program to revitalize vacant industrial properties in Pennsylvania. It directly affects building owners of pre-1973 factories or mills that have been at least 75% vacant for 24 months and are designated by their municipality for rehabilitation. The bill establishes a credit equal to 20% of qualified renovation costs (like structural repairs or equipment upgrades) that meet specific value thresholds, applied against certain business taxes. To qualify, properties must be rehabilitated for mixed commercial/residential use, and the program is administered by the Department of Community and Economic Development.

Topics ✓ Budget & TaxesSupports Budget & TaxesHB 1575 creates a 20% tax credit for business renovation costs, providing direct tax relief to property owners under specific revitalization criteria, aligning with tax relief indicators.95% confidence

Sub-Topics Tax Credits Tax Incentives

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in committee · Pennsylvania · House Apr 17, 2025

HB 1267: An Act amending the act of March 4, 1971 (P.L.6, No.2), known as the Tax Reform Code of 1971, in Pennsylvania Economic Development for a Growing Economy (PA EDGE) tax credits relating to semiconductor manufacturing and biomedical manufacturing and research, further providing for definitions and for application and approval of tax credit.

HB 1267 creates tax credits for Pennsylvania businesses investing in semiconductor manufacturing or biomedical manufacturing and research. To qualify, companies must invest at least $100 million in a new facility, create 100 permanent jobs paying at least the prevailing wage, and meet local hiring and construction requirements. The tax credit can be calculated as up to 2.5% of the capital investment or up to $20,000 per job based on payroll taxes. Early stage semiconductor businesses (with under $10 million in revenue) must invest $3 million in R&D and receive a minimum $100,000 credit per year, with a yearly cap of $2 million for all such businesses.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill creates tax credits for businesses investing in semiconductor/biomedical sectors, directly modifying tax policy to incentivize economic development through reduced tax liability.92% confidence ✓ TechnologySupports TechnologyProvides tax credits for semiconductor manufacturing investment, directly advancing technology sector growth through economic incentives.95% confidence

Sub-Topics Tax Credits Tax Incentives

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in committee · Pennsylvania · House Jan 27, 2025

HB 357: An Act amending the act of March 4, 1971 (P.L.6, No.2), known as the Tax Reform Code of 1971, in realty transfer tax, further providing for excluded transactions.

HB 357 amends Pennsylvania's 1971 Tax Reform Code to exempt specific property transfers from realty transfer tax. It directly affects surviving spouses and minor children of public safety personnel (police, firefighters, etc.) who died while performing official duties, as defined by the 1976 Emergency and Law Enforcement Personnel Death Benefits Act. The key provision excludes transfers where the property was the deceased's principal residence, and the transfer occurs within five years of death under defined conditions (e.g., the surviving spouse married within one year before the death, or the property was the deceased's residence regardless of the child's current residence). This creates a tax exemption for these specific family transitions without altering the broader tax structure. The bill takes effect 60 days after enactment.

Topics ✓ Budget & TaxesSupports Budget & TaxesExempts property transfers for families of fallen first responders from realty transfer tax, providing targeted tax relief under Pennsylvania's Tax Reform Code.95% confidence

Sub-Topics Tax Incentives

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in committee · Pennsylvania · House Mar 3, 2025

HB 762: An Act amending the act of March 4, 1971 (P.L.6, No.2), known as the Tax Reform Code of 1971, in sales and use tax, further providing for definitions and for exclusions from tax.

HB 762 amends Pennsylvania's Tax Reform Code to exempt volunteer emergency service organizations from paying state sales and use tax on protective equipment. The bill specifically covers volunteer EMS companies, fire companies, and rescue companies - defined as nonprofit groups providing emergency medical, fire, or rescue services. It excludes purchases like helmets, turnout gear, boots, gloves, and respiratory protection units from taxation when bought for members performing their duties. This tax exemption will apply to sales occurring on or after July 1, 2025.

Topics ✓ Budget & TaxesSupports Budget & TaxesExempts volunteer emergency services from sales tax on protective gear, providing tax relief for public safety organizations.90% confidence ✓ HealthcareSupports HealthcareExempts tax on EMS protective gear, reducing costs for emergency medical service providers and supporting healthcare delivery infrastructure.85% confidence

Sub-Topics Sales Tax Tax Incentives

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in committee · Pennsylvania · House Dec 15, 2025

HB 1446: An Act authorizing local taxing authorities to provide for tax exemptions for improvements and redevelopment of certain underutilized property ; 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.

HB 1446 allows local governments to grant tax exemptions for improvements and redevelopment of vacant or underused properties, directly affecting property owners and developers who redevelop sites like abandoned lots or outdated buildings. It establishes a state-level Economic Development and Mixed-Use Redevelopment Advisory Committee within the State Planning Board to advise on eligible projects and guide implementation. The Department of Community and Economic Development is given authority to manage the program, including setting eligibility rules and overseeing tax exemption approvals. The bill aims to incentivize revitalization of neglected properties by reducing financial barriers for redevelopment. This policy change focuses on concrete tax incentives and administrative structure, not speculative economic outcomes.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides tax exemptions for property redevelopment, offering tax relief to developers and property owners under local authority.95% confidence ✓ HousingSupports HousingEnables tax exemptions for redevelopment of underutilized properties, directly encouraging housing development through economic incentives for property owners and developers.85% confidence

Sub-Topics Tax Incentives Community Development Property Development Property Taxes Tags Economic Development

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in committee · Pennsylvania · House Mar 24, 2025

HB 1004: An Act amending the act of March 4, 1971 (P.L.6, No.2), known as the Tax Reform Code of 1971, in research and development tax credit, further providing for limitation on credits.

HB 1004 amends Pennsylvania's 1971 Tax Reform Code to increase annual limits on research and development (R&D) tax credits. It raises the total annual credit cap from $60 million to $120 million, with $24 million specifically reserved for small businesses (up from $12 million). Unused allocations for either small businesses or other qualifying businesses can roll over to the other group within the same fiscal year. The changes take effect 60 days after the bill's passage.

Topics ✓ Budget & TaxesSupports Budget & TaxesIncreases R&D tax credit caps from $60M to $120M, including $24M for small businesses, providing tax relief to businesses and promoting innovation.95% confidence

Sub-Topics Business Taxes Tax Credits Tax Incentives

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in committee · Pennsylvania · House Jan 16, 2025

HB 185: An Act amending the act of March 4, 1971 (P.L.6, No.2), known as the Tax Reform Code of 1971, in sales and use tax, further providing for exclusions from tax.

HB 185 adds a temporary sales and use tax exemption in Pennsylvania for Energy Star and WaterSense products sold or used during a specific annual period. The exemption applies to products certified by the EPA for energy efficiency (Energy Star) or water efficiency (WaterSense) during the week of April 22-29 each year, starting in 2025. This directly affects retailers selling these products and consumers purchasing them during that week, as they would not pay state sales tax on qualifying items. The change modifies the Tax Reform Code of 1971 to exclude these products from taxation during this designated timeframe. The bill takes effect 60 days after enactment.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill provides temporary sales tax exemption for energy-efficient products, offering direct tax relief to consumers during designated period, aligning with tax relief indicators.95% confidence ✓ EnergySupports EnergyBill promotes energy efficiency by exempting sales tax on EPA-certified Energy Star products during annual window, directly incentivizing consumer adoption of efficient technologies.95% confidence ✓ EnvironmentSupports EnvironmentTax exemption for EPA-certified energy/water efficiency products (Energy Star, WaterSense) promotes conservation and reduces resource use, directly supporting environmental protection.90% confidence

Sub-Topics Procurement Sales Tax Tax Incentives Energy Efficiency

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in committee · Pennsylvania · House Jan 23, 2025

HB 315: An Act amending the act of March 4, 1971 (P.L.6, No.2), known as the Tax Reform Code of 1971, in sales and use tax, further providing for discount.

HB 315 amends Pennsylvania's sales tax discount rules to provide clearer, tiered incentives for businesses that file and pay taxes promptly. It replaces the previous discount structure with a new system offering fixed per-return discounts: $25 for monthly filers, $75 for quarterly filers, and $150 for semiannual filers. Additionally, it adds a revenue-based discount: 1% on the first $1 million of taxable sales, plus 0.25% on amounts above that threshold. This bill directly affects businesses required to file and pay sales tax in Pennsylvania, making prompt payment more financially beneficial through these specific, predictable discount tiers.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates tax discounts for prompt business filers, promoting compliance and fiscal efficiency under tax code amendments.95% confidence

Sub-Topics Business Taxes Sales Tax Tax Incentives

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in committee · Pennsylvania · House Feb 5, 2025

HB 511: A Joint Resolution proposing an amendment to the Constitution of the Commonwealth of Pennsylvania, further providing for exemptions and special provisions relating to payment of real property taxes.

HB 511 proposes a constitutional amendment to expand Pennsylvania's real estate tax exemption for veterans who served in a war or armed conflict, were honorably discharged, and have a disability rated at 100% by the U.S. Veterans Administration. It would exempt their primary residence from real property taxes if the State Veterans' Commission determines they need the exemption, and extend this benefit to the unmarried surviving spouse of an eligible veteran under the same conditions. This amendment requires approval by the General Assembly and a vote by Pennsylvania voters in a statewide election. The change would directly affect veterans with qualifying disabilities and their surviving spouses who own homes in Pennsylvania.

Topics ✓ Budget & TaxesSupports Budget & TaxesExpands property tax exemption for disabled veterans, providing direct tax relief to lower-income veterans as per tax relief indicators.90% confidence ✓ VeteransSupports VeteransExpands real property tax exemption for veterans with 100% VA disability and surviving spouses, directly advancing veterans' financial benefits.95% confidence

Sub-Topics Tax Incentives

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in committee · Pennsylvania · Senate Feb 20, 2025

SB 264: An Act amending the act of December 1, 1977 (P.L.237, No.76), known as the Local Economic Revitalization Tax Assistance Act, further providing for exemption schedule.

SB 264 extends the maximum duration for tax breaks on qualifying properties in economically depressed areas from 10 to 20 years under Pennsylvania's Local Economic Revitalization Tax Assistance Act. It directly affects businesses seeking tax exemptions for deteriorated industrial, commercial, or new construction in designated depressed communities. The key change modifies Section 5(b)(1) to allow local taxing authorities to provide longer tax exemption schedules, while maintaining existing eligibility criteria. This applies to new exemption applications submitted after the law's effective date, which takes effect 60 days after enactment.

Topics ✓ Budget & TaxesSupports Budget & TaxesExtends tax breaks for businesses in depressed areas, providing fiscal relief to stimulate economic revitalization under tax policy.92% confidence

Sub-Topics Business Taxes Tax Incentives

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