An Act amending the act of March 4, 1971 (P.L.6, No.2), known as the Tax Reform Code of 1971, providing for Historic Barn Preservation Tax Credit and for regulations; and imposing powers and duties on the Department of Community and Economic Development.

This Pennsylvania bill creates a tax incentive program to encourage the restoration and continued use of historic barns that are at least 50 years old. Qualified taxpayers who own these structures can receive a tax credit equal to up to 25% of their rehabilitation costs, with a maximum credit of $100,000 per barn. The program is limited to $10 million in total credits per fiscal year and will be administered by the Department of Community and Economic Development in consultation with agricultural and historical groups. Any unused credits can be carried forward to future tax years, but the program will expire after December 31, 2036.