HB 1561 — An Act providing for a tax credit for retrofitting residential high-rise structures with an automatic fire sprinkler system and associated monitoring or detection devices.

PRINTER'S NO.    1845

                    THE GENERAL ASSEMBLY OF PENNSYLVANIA



                         HOUSE BILL
                         No. 1561
                                               Session of
                                                 2025

     INTRODUCED BY BELLMON, T. DAVIS, GALLAGHER, GIRAL, K.HARRIS,
        BRENNAN, HILL-EVANS AND SANCHEZ, JUNE 4, 2025

     REFERRED TO COMMITTEE ON FINANCE, JUNE 5, 2025


                                    AN ACT
 1   Providing for a tax credit for retrofitting residential high-
 2      rise structures with an automatic fire sprinkler system and
 3      associated monitoring or detection devices.
 4      The General Assembly of the Commonwealth of Pennsylvania
 5   hereby enacts as follows:
 6   Section 1.    Short title.
 7      This act shall be known and may be cited as the City of the
 8   First Class Residential High-Rise Fire Sprinkler Retrofit Tax
 9   Relief Act.
10   Section 2.    Residential High-Rise Fire Sprinkler Retrofit Tax
11                 Credit.
12      (a)   Tax credit.--For tax years beginning after December 31,
13   2025, the Office of the Mayor of a city of the first class may
14   award a tax credit to the owner of a residential high-rise
15   structure in an amount as determined under subsection (c)
16   against any income tax imposed by the city of the first class.
17      (b)   Purpose of tax credit.--The tax credit under subsection
18   (a) shall be for investment in retrofitting residential high-
 1   rise structures with an automatic fire sprinkler system and
 2   associated monitoring or detection devices.
 3      (c)   Amount.--The amount of the tax credit awarded under
 4   subsection (a) shall equal the amount expended by the owner of
 5   the residential high-rise structure to install or improve an
 6   existing automatic fire sprinkler system and associated
 7   monitoring or detection devices or 100% of the owner's income
 8   tax liability, whichever is less.
 9      (d)   Administration.--
10            (1)   The application for a tax credit awarded under
11      subsection (a) shall be on a form and submitted in a manner
12      as determined by the Office of the Mayor of the city of the
13      first class in which the residential high-rise structure is
14      located.
15            (2)   The Office of the Mayor of the city of the first
16      class shall adopt guidelines, including forms, necessary to
17      administer this act. The Office of the Mayor may require
18      proof of the claim for tax credit.
19            (3)   The Office of the Mayor of the city of the first
20      class shall define what constitutes a residential high-rise
21      structure.
22      (e)   Applicability.--The tax credit awarded under subsection
23   (a) may only apply to a residential high-rise structure located
24   within a city of the first class.
25   Section 3.     Effective date.
26      This act shall take effect in 60 days.




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