Test Drive Our New Site! We have some improvements in the works that we're excited for you to experience. Click here to try our new, faster, mobile friendly beta site. We will be maintaining our current version of the site thru the end of 2024, so you can switch back as our improvements continue.
Legislation Quick Search
Advanced Search
Pennsylvania State Senate
04/19/2024 10:24 PM
Pennsylvania State Senate
https://www.legis.state.pa.us/cfdocs/Legis/CSM/showMemoPublic.cfm?chamber=S&SPick=20150&cosponId=15732
Share:
Home / Senate Co-Sponsorship Memoranda

Senate Co-Sponsorship Memoranda

Subscribe to PaLegis Notifications
NEW!

Subscribe to receive notifications of new Co-Sponsorship Memos circulated

By Member | By Date | Keyword Search


Senate of Pennsylvania
Session of 2015 - 2016 Regular Session

MEMORANDUM

Posted: December 9, 2014 04:21 PM
From: Senator Matt Smith
To: All Senate members
Subject: High Performance Buildings Tax Credit
 
In the near future, I plan to re-introduce SB 221 of the 2013-2014 legislative session. This legislation would amend the Tax Reform Code to establish the High Performance Buildings Tax Credit.

My proposal would provide a base tax credit of $35,000 to residential owners or tenants and commercial owners or tenants for either the construction of a green building or the rehabilitation of a non-green building into a green building. In addition, a tax credit based on the size of the building and three possible levels of performance may be given, with the total cost of the credit not to exceed $10 million per year. This tax credit can be a tool that helps catalyze green building and energy efficiency.

Previous co-sponsors include Teplitz, Kasunic, Fontana, Yudichak, Brewster, Washington, Ferlo, Costa, Tartaglione and Farnese.

Please join me in co-sponsoring this important legislation. If you have any questions about this legislation, please contact my office at 717-787-5839.

Introduced as SB237