(Jun 30, 2025) Rep. Dan Goughnour
HARRISBURG, June 30 – The House today approved legislation sponsored by Rep. Dan Goughnour, D-Allegheny, to make it easier to rehabilitate and preserve certain historic properties in Pennsylvania. House Bill 1572 would alleviate some of the construction and rehabilitation costs of property preservation by increasing a tax credit available for each project under the state’s Historic Preservation Tax Credit . The tax-credit program provides tax credits to qualified taxpayers who are restoring a qualified historic structure into an income-producing property. Goughnour said that last session, the General Assembly took an important step in protecting the Commonwealth’s rich history by increasing the total tax credits issued per year from $5 million per year to $20 million. However, each qualifying project can only receive a credit of $500,000, and his legislation would increase the per-project cap on the credit to $1.5 million. “Most projects far exceed $500,000 in cost,” Goughnour said. “For instance, of all the projects approved in 2023, only one cost less than $10 million, and the largest totaled $110 million. So, increasing the credit will make preserving these properties more attractive.” The $500,000 credit limit has remained unchanged since 2019. Under the program, no more than 25 percent of the expenditures incurred during the restoration of the Read more