THE GENERAL ASSEMBLY OF PENNSYLVANIA

SENATE BILL

INTRODUCED BY WOZNIAK, STOUT, FONTANA, ALLOWAY, O'PAKE, STACK, WAUGH, BOSCOLA AND D. WHITE, FEBRUARY 19, 2009

REFERRED TO FINANCE, FEBRUARY 19, 2009  

AN ACT

Amending the act of March 4, 1971 (P.L.6, No.2), entitled "An

act relating to tax reform and State taxation by codifying

and enumerating certain subjects of taxation and imposing

taxes thereon; providing procedures for the payment,

collection, administration and enforcement thereof; providing

for tax credits in certain cases; conferring powers and

imposing duties upon the Department of Revenue, certain

employers, fiduciaries, individuals, persons, corporations

and other entities; prescribing crimes, offenses and

penalties," in personal income tax, providing for a credit

for weatherization projects.

The General Assembly of the Commonwealth of Pennsylvania

hereby enacts as follows:

Section 1.  The act of March 4, 1971 (P.L.6, No.2), known as

the Tax Reform Code of 1971, is amended by adding a section to

read:

Section 314.1.  Credit for Weatherization Projects.--(a)  A

resident taxpayer shall be allowed a credit against the tax

otherwise due under this article for expenses incurred by the

taxpayer in completing a weatherization project.

(b)  Credit authorized under this section shall not exceed

the lesser of the total amount of expenses incurred in

completing the weatherization project or the total amount of tax

due under this article: Provided, however, That in no case shall

the credit awarded under this section exceed one thousand two

hundred fifty dollars ($1,250).

(c)  The total amount of credits approved by the department

shall not exceed fifty million dollars ($50,000,000) in any

fiscal year.

(d)  The secretary shall promulgate regulations necessary for

the implementation and administration of this section.

(e)  For purposes of this section the phrase "weatherization

project" shall mean permanent improvements to a residential

dwelling that maximize energy savings. Measures may include

sealing air leaks and duct work, installing storm windows and

doors, adding or installing insulation, improving or replacing

heating and cooling systems and associated repairs, including

roofing repair and replacement.

Section 2.  The addition of section 314.1 of the act shall

apply to taxable years beginning after December 31, 2008.

Section 3.  This act shall take effect immediately.