SB 264 — An Act amending the act of December 1, 1977 (P.L.237, No.76), known as the Local Economic Revitalization Tax Assistance Act, further providing for exemption schedule.
Last action — Referred to FINANCE, Feb. 20, 2025
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✓Introduced
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2In Committee
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3Passed Senate
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4Passed House
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5To Executive
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6Enacted
This bill is in committee in the Senate. Introduced February 20, 2025. It must pass committee before a floor vote.
Next likely step: a committee vote, then a floor vote in the Senate.
Prognosis
Where this bill stands today.
Odds of enactment
LowHow often bills like it became law.
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In Committee
Current position in the legislative process.
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9 sponsors
1 primary, 8 co-sponsors signed on.
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Single-party support
Sponsorship is currently within one party (9 D).
Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.
Summary
Expansion of Local Economic Revitalization Tax Assistance (LERTA) Program
Bill Text
- Printer's No. 0216 View text Current
AI-generated reading aid from the bill's amendatory text — verify against the official bill.
The bill extends the maximum length of tax exemptions for certain properties from ten years to twenty years.
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Section 5(b)(1)
[ten]→ 20This change increases the maximum duration for tax exemption from ten years to twenty years.
Action History
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Referred to FINANCE, Feb. 20, 2025
Sponsors
- Nick Pisciottano · Cosponsor
- Wayne D. Fontana · Primary
- Nikil Saval · Cosponsor
- Judith L. Schwank · Cosponsor
- Jay Costa · Cosponsor
- John I. Kane · Cosponsor
- Timothy P. Kearney · Cosponsor
- Steven J. Santarsiero · Cosponsor
- Nick Miller · Cosponsor
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 8 co-sponsors · 244 not signed on
Sponsors (1)
- Wayne D. Fontana Democratic
Co-sponsors (8)
- Nick Pisciottano Democratic
- Nikil Saval Democratic
- Judith L. Schwank Democratic
- Jay Costa Democratic
- John I. Kane Democratic
- Timothy P. Kearney Democratic
- Steven J. Santarsiero Democratic
- Nick Miller Democratic
Not signed on (244)
244 members have not signed on to this bill.
Show all 244 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Subjects
Frequently asked questions
- What does SB 264 do?
- Expansion of Local Economic Revitalization Tax Assistance (LERTA) Program
- Who sponsors SB 264?
- SB 264 is sponsored by Nick Pisciottano (Democratic), Wayne D. Fontana (Democratic), Nikil Saval (Democratic), Judith L. Schwank (Democratic), Jay Costa (Democratic), John I. Kane (Democratic), Timothy P. Kearney (Democratic), Steven J. Santarsiero (Democratic), and Nick Miller (Democratic).
- What is the current status of SB 264?
- This bill is in committee in the Senate. Introduced February 20, 2025. It must pass committee before a floor vote.
- Where can I track SB 264?
- Track SB 264 free on One Click Politics — get push/email alerts when it moves.
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Last checked for changes 4 months ago · updated continuously
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