Pennsylvania 2023-2024 Regular Session

Pennsylvania House Bill HB1248

Introduced
5/24/23  

Caption

Providing for a green roof tax credit.

Impact

If enacted, HB 1248 is expected to have a significant impact on state laws by creating a financial incentive for property owners and developers to install green roofs. This aligns with existing environmental initiatives and could lead to a greater adoption of sustainable building practices across the state. The tax credit is seen as a way to facilitate funding for green roof projects, which can often have high upfront costs, thereby making sustainable development more accessible to a wider range of stakeholders.

Summary

House Bill 1248 aims to establish a tax credit for the installation of green roofs on buildings within the state. The bill is intended to promote environmental sustainability and enhance urban infrastructure by encouraging the integration of green spaces into city landscapes. Proponents argue that green roofs not only contribute to better air quality and reduced urban heat but also provide aesthetic benefits and increased property values. This initiative is part of a broader effort to combat climate change and improve the livability of urban areas in the state.

Sentiment

The sentiment surrounding HB 1248 appears to be largely supportive among environmental groups, urban planners, and proponents of sustainable development. They view the bill as a necessary step towards fostering greener cities and mitigating the effects of urbanization on the environment. However, there may also be concerns regarding the fiscal implications of the tax credit and how it might affect state revenues, particularly in budget-strapped environments where funding for other priorities is already a challenge.

Contention

Notable points of contention related to HB 1248 revolve around the potential long-term financial impact of the tax credit on the state’s budget. Critics may argue that while the intent is commendable, the economic feasibility must be carefully considered, especially in light of competing needs for public funding. Additionally, there may be discussions about the adequacy of the proposed tax credit amount and whether it would be sufficient to motivate widespread adoption of green roofs among diverse property owners, or if more robust measures will be necessary to achieve the desired environmental outcomes.

Companion Bills

No companion bills found.

Previously Filed As

PA HB1038

In tax credit and tax benefit administration, further providing for definitions; and providing for green roof tax credit.

PA S1983

"Green Building Tax Credit Act."

PA S1985

"Green Building Tax Credit Act."

PA A1477

"Green Building Tax Credit Act."

PA A4297

"Green Building Tax Credit Act."

PA S105

"Green Building Tax Credit Act."

PA A3191

The "Green Building Tax Credit Act."

PA HB2998

Relating to ad valorem tax relief for urban farms and green roofs.

PA HB4270

Public School Green Rooftop Program

PA SB336

Providing for solar energy facilities on certain land; imposing powers and duties on the Department of Agriculture; and providing for a tax credit.

Similar Bills

No similar bills found.