This 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. The new section, designated as Section 103-G, grants cities of the first class the authority to establish 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.

The bill aims to enhance fire safety in high-rise residential buildings by encouraging investment through financial incentives. It is set to take effect 60 days after its enactment.

Statutes/Laws affected:
Printer's No. 2044 (Jun 27, 2025): P.L.343, No.176