Bill
HB 1874
An Act amending the act of December 8, 2004 (P.L.1801, No.238), known as the Transit Revitalization Investment District Act, in value capture approaches, further providing for creation of value capture area and providing for redevelopment authority use of incremental tax revenue in value capture area.
2025-2026 Regular Session
Introduced by Aerion Abney and 14 co-sponsors
HB 1874 expands Pennsylvania redevelopment authorities' ability to capture and spend property tax increases from transit-area development, shifting revenue collection mechanisms away from traditional local government funding.
Referred to Finance