Senate Bill 820 Moves to the Senate Appropriations Committee
December 31, 2003
Senate Bill 820 and its companion bills House Bill 951 and 952, provide financial incentives through the creation of State Historic Tax Credits for the restoration of historic residential and commercial properties. Twenty-one states have existing Historic Tax Credit legislation and States with these Historic Tax Credits report significant economic growth as a result. In order to be competitive with states in attracting development, the Pennsylvania Legislature needs to enact a State Historic Tax Credit as well.
If you wish further information about this important legislation, please access www.pataxcredit.com.
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