Preservation Pennsylvania needs your support as we work to preserve and expand the Pennsylvania Historic Preservation Tax Credit. This important preservation tool will sunset in June 2020 unless it is reauthorized.
KEY CHANGES
- Annual Allocation of $30 million
- Increased per project cap to $2.5 million
- Additional 5% credit for workforce housing
- Clarification that the credit can be used in one year (compared to 5 years for federal)
- Standardization of timing for application, review and allocation
Since the tax credit was established in 2012, it has facilitated the rehabilitation and reuse of properties all across the state, creating jobs and revitalizing communities.
HOW YOU CAN HELP
Update of PA Historic Tax Credit Expansion Bills! Both bills were referred to their respective Finance Committees on 4/10. I f your Senator is a member of the Senate Finance Committee (list below), please consider reaching out to them during the next two weeks when they will be in their district offices and ask them to support SB 541. SENATE FINANCE COMMITTEEHutchinson, Scott E., Chair Blake, John P., Minority Chair Majority Aument, Ryan P., Vice Chair Scarnati, Joseph B., III, Ex‑Officio Argall, David G. Browne, Patrick M. DiSanto, John Folmer, Mike Minority Haywood, Art Hughes, Vincent J. Muth, Katie J. If your Representative is a member of the House Finance Committee (list below), they are meeting on Wednesday, April 17. Reach out to them now and ask them to support HB 1173. HOUSE FINANCE COMMITTEEPeifer, Michael, Chair Wheatley, Jake, Jr., Democratic Chair Majority Greiner, Keith J., Secretary Greiner, Keith J., Subcommittee Chair on Tax Modernization & Reform Brooks, Bob Diamond, Russ Dunbar, George Gabler, Matt Grove, Seth M. Kaufer, Aaron D. Keller, Fred Lewis, Andrew Mako, Zachary Rader, Jack, Jr. Ryan, Francis X. Sankey, Tommy Staats, Craig T. Minority Rabb, Christopher M., Democratic Secretary Davidson, Margo L., Democratic Vice Chair Daley, Mary Jo, Subcommittee Democratic Chair on Tax Modernization & Reform Delloso, David M. Driscoll, Michael J. Howard, Kristine C. Rozzi, Mark Sims, Brian Webster, Joe Reach out to Finance Committee members only at this time. Once the bill
moves from there, a larger outreach effort will begin. Need to check who your representatives in Harrisburg are? Click here.
Your support is needed to help fund completion of the PA State Tax Credit
Economic Study. Help us match a Keystone Historic Preservation Grant
from the PA SHPO. Your financial support is needed to help move this
effort forward and ensure that Pennsylvania’s historic tax credit not
only stays in place but is even stronger.
Successful passage of this legislation will require a sustained
advocacy and outreach effort. As the statewide voice for historic
preservation, Preservation Pennsylvania will devote significant staff
time to building a coalition, preparing educational materials, making
presentations, speaking to legislators and groups across the state and
ensuring that this important program is retained and expanded. The following individuals and organizations recognize the value of a
robust state historic preservation tax credit and support efforts to
expand and reauthorize this valuable tool for preservation and economic
revitalization. If you'd like to sign your name as part of our Pennsylvania Historic Preservation Tax Credit Coalition, click here. 10,000 Friends AIA Pennsylvania Charles Balducci Suzanna Barucco, Principal, sbk + partners, LLC, historic preservation consulting Maria Foss Cindy Hamilton Hogestown Heritage Committee Vern McKissick MM Partners, llc real estate development Bobbie Jean Owens Pennsylvania Downtown Center Sandy Rosenberg, Post Commercial Real Estate A. Roy Smith Paul Steinke, Preservation Alliance for Greater Philadelplhia Jeremy Young, Community & Economic Development Manager Becky Zeller
LEARN MORE
Learn more about the State Historic Preservation Tax Credit with the resources listed below.
The Pennsylvania Historic Preservation Tax Credit is good for Pennsylvania, good for its valuable historic resources, and good for the economy, generating jobs, new housing, and tax revenue.
WHAT'S BEEN HAPPENING
Check back for updates!
APR 9 2019
| | Senator David Argall (R-Schuylkill/Berks) and Senator Judith Schwank (D-Berks) introduced legislation for the re-authorization and expansion of the PA HPTC (SB 541) in the Senate. Representative Robert Freeman (D-Northampton) and Representative R. Lee James (R-Butler/Venago) introduced a companion bill (HB 1173) in the House. |
FEB 8 2019
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Representative R. Lee James, Representative Jared G. Solomon, Representative Aaron Bernstine, Representative Stephen Barrar, Representative Michael H. Schlossberg, Representative Stephen Kinsey, Representative Steve Samuelson, Representative David R. Millard, Representative Chris Sainato, Representative Thomas P. Murt, Representative Carol Hill-Evans, Representative Greg Vitali, and Representative Patrick J. Harkins have all signed on as co-sponsors in support of the house HPTC.
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JAN 30 2019
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JAN 11 2019
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Thanks to those of you who have already reached out, these senators have signed on to co-sponsor: Blake, Schwank, Martin, Farnese, Kearney, Killion, Costa, Ward, and Yudichak.
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OCT 2018
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Working with recommendations from developers, historic preservation professionals, and other statewide nonprofits working in the field of economic development, Senator Argall’s staff drafted legislation to reauthorize, expand, and improve the credit. Senator David Argall introduced SB 1279 in October 2018.
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| 2018 |
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Preservation Pennsylvania engaged Donovan Rypkema of PlaceEconomics to undertake a study of the economic benefits of state tax credits, comparing Pennsylvania’s program to other states. Early findings show that with strong tax credit programs, states have more projects and increased investment.
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APRIL 2018
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Senator David Argall (R-Schuylkill/Berks) hosted a workshop in April 2018 to hear from Preservation Pennsylvania, PHMC, DCED, and other state agencies on the value of the state historic preservation tax credit and ways to improve it. You can view the proceedings and review the documentation here.
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Mindy Crawford, Executive Director of Preservation Pennsylvania, at Senator Argall's April workshop on the state historic preservation tax credit.
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