Bill > HB1799

This bill amends Title 53 (Municipalities Generally) of the Pennsylvania Consolidated Statutes to add a new subchapter providing for a senior property tax freeze. The key provisions include: 1) Defining eligibility criteria based on age (65+) and household income (not exceeding $65,000 or real property taxes exceeding 10% of household income); 2) Allowing political subdivisions to grant an annual tax freeze, where the applicant's real property taxes are frozen at the base year amount; 3) Requiring the Department of Community and Economic Development to compile and publish an annual report on the program's performance; and 4) Requiring the Department to submit a report to the General Assembly by 2029 to review the eligibility criteria and effectiveness of the tax freeze.