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Bill Would Expand Pennsylvania HTC, Extend Sunset Date

Friday, April 12, 2019 - 2:45PM

Legislation was introduced this week in Pennsylvania to raise the annual cap for the state historic tax credit from $3 million to $30 million and extend the sunset date by more than a decade, from 2020 to 2031. S.B. 541 would also increase the project cap from $500,000 to $2.5 million and create a 5 percent bonus for workforce housing properties.

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