An Act amending the act of March 4, 1971 (P.L.6, No.2), known as the Tax Reform Code of 1971, in city revitalization and improvement zones, further providing for approval.

SB 778 modifies Pennsylvania's Tax Reform Code to establish a formal approval schedule for city revitalization and improvement zones. It allows the Department of Community and Economic Development to initially approve two such zones and one pilot zone after the bill takes effect, then approve two additional zones annually starting in 2028. The bill directly affects cities seeking to create these designated zones, which typically offer tax incentives for development. It does not change tax rates or create new taxes, but streamlines the process for expanding these zones statewide.