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
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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.
Bill Text
- Printer's No. PN0216 View text Current pdf
AI-generated reading aid from the bill's amendatory text — verify against the official bill.
This bill extends the maximum duration of tax exemption schedules from ten years to twenty years for certain properties in economically depressed communities.
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Section 5(b)(1)
ten→ 20The maximum length of tax exemption schedules is increased from ten years to twenty years.
Action History
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Referred to Finance
Sponsors
- Wayne D. Fontana · Primary
- Nikil Saval · Cosponsor
- Judith L. Schwank · Cosponsor
- Jay Costa · Cosponsor
- John I. Kane · Cosponsor
- Timothy P. Kearney · Cosponsor
- Nick Miller · Cosponsor
- Steven J. Santarsiero · Cosponsor
- Nick Pisciottano · Cosponsor
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 8 co-sponsors · 244 not signed on
Sponsors (1)
- Wayne D. Fontana Democratic
Co-sponsors (8)
- Nikil Saval Democratic
- Judith L. Schwank Democratic
- Jay Costa Democratic
- John I. Kane Democratic
- Timothy P. Kearney Democratic
- Nick Miller Democratic
- Steven J. Santarsiero Democratic
- Nick Pisciottano 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
- Who sponsors SB 264?
- SB 264 is sponsored by Wayne D. Fontana (Democratic), Nikil Saval (Democratic), Judith L. Schwank (Democratic), Jay Costa (Democratic), John I. Kane (Democratic), Timothy P. Kearney (Democratic), Nick Miller (Democratic), Steven J. Santarsiero (Democratic), and Nick Pisciottano (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 3 months ago · updated continuously
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