The bill amends The Fiscal Code of Pennsylvania, specifically the act of April 9, 1929, by adding a new section that addresses the retrofitting of residential high-rise buildings with automatic fire sprinkler systems. This new section, designated as Section 103-G, grants cities of the first class the authority to determine participation in property tax abatement or real property tax relief programs. The purpose of these programs is to incentivize investments aimed at retrofitting residential high-rise buildings with automatic fire sprinkler systems and associated monitoring or detection devices.
This legislative change is intended to enhance fire safety in high-rise residential buildings by encouraging property owners to invest in necessary fire prevention measures. The bill will take effect 60 days after its passage, allowing for a timely implementation of the new provisions aimed at improving public safety through enhanced fire protection systems.
Statutes/Laws affected: Printer's No. 2044 (Jun 27, 2025): P.L.343, No.176