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09/28/2023 08:08 AM
Pennsylvania House of Representatives
https://www.legis.state.pa.us/cfdocs/Legis/CSM/showMemoPublic.cfm?chamber=H&SPick=20210&cosponId=32729
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House Co-Sponsorship Memoranda

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House of Representatives
Session of 2021 - 2022 Regular Session

MEMORANDUM

Posted: December 1, 2020 11:45 AM
From: Representative Susan C. Helm
To: All House members
Subject: Mechanical Insulation Installation Tax Credit
 
In the near future, I plan to introduce legislation to incentivize the energy efficient installation of mechanical insulation for commercial and industrial projects.

Specifically, my legislation will provide a tax credit equal to 30% of the total capital investment, including amounts paid to purchase mechanical insulation and associated labor, made by a company to install mechanical insulation on a commercial or industrial property within the Commonwealth in adherence with the American Society of Heating, Refrigeration and Air-Conditioning Engineers (“ASHRAE”) minimum requirements. This tax credit would be limited in its scope, in that it can only be used to offset a portion of corporate net income tax liabilities, and it cannot be carried forward, back, used to obtain a refund, or be sold or assigned.

Through this effort, I believe we will encourage vital sectors of our economy to adopt paramount standards in constructing a “healthy and sustainable built environment for all” Pennsylvanians to enjoy and prosper. I respectfully ask for your consideration to join me as a co-sponsor of this legislation. 
 



Introduced as HB23