SB 1356

                                                   PRINTER'S NO.   1772
                  THE GENERAL ASSEMBLY OF PENNSYLVANIA
                     SENATE BILL
                     No. 1356
                                            Session of
                                              2026
 INTRODUCED BY FLYNN, ROTHMAN, KANE AND HAYWOOD, JUNE 4, 2026
 REFERRED TO FINANCE, JUNE 4, 2026
                                 AN ACT
1 Amending the act of March 4, 1971 (P.L.6, No.2), entitled "An
2    act relating to tax reform and State taxation by codifying
3    and enumerating certain subjects of taxation and imposing
4    taxes thereon; providing procedures for the payment,
5    collection, administration and enforcement thereof; providing
6    for tax credits in certain cases; conferring powers and
7    imposing duties upon the Department of Revenue, certain
8    employers, fiduciaries, individuals, persons, corporations
9    and other entities; prescribing crimes, offenses and
10    penalties," in historic preservation incentive tax credit,
11    further providing for tax credit certificates.
12    The General Assembly of the Commonwealth of Pennsylvania
13 hereby enacts as follows:
14    Section 1.     Section 1703-H(b)(5)(ii) of the act of March 4,
15 1971 (P.L.6, No.2), known as the Tax Reform Code of 1971, is
16 amended to read:
17 Section 1703-H.     Tax credit certificates.
18    * * *
19    (b)   Review, recommendation and approval.--
20* * *
21(5)   In granting tax credit certificates under this
22    article, the Department of Community and Economic
23    Development:
1* * *
2(ii)    Shall not grant more than [$500,000] $1,500,000
3in tax credit certificates to a single qualified taxpayer
4in any fiscal year.
5* * *
6   Section 2.    This act shall take effect in 60 days.
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