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.

HB 1874 amends Pennsylvania's Transit Revitalization Investment District Act to expand how cities can use tax revenue generated from new development in designated transit areas. It allows redevelopment authorities to apply "incremental tax revenue" (taxes raised from new property values due to transit improvements) toward funding transit projects or infrastructure within those districts. This directly affects cities with transit revitalization districts and developers working in areas near new transit investments. The bill provides clearer rules for directing these tax increases toward transit-focused redevelopment, rather than general city funds.