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PA HB389

PA HB389
In senior citizens property tax and rent rebate assistance, further providing for property tax and rent rebate.


summary

Introduced
03/14/2023
In Committee
03/14/2023
Crossed Over
Passed
Dead
12/31/2024

Introduced Session

2023-2024 Regular Session

Bill Summary

Amending the act of June 27, 2006 (1st Sp.Sess., P.L.1873, No.1), entitled "An act providing for taxation by school districts, for the State funds formula, for tax relief in first class cities, for school district choice and voter participation, for other school district options and for a task force on school cost reduction; making an appropriation; prohibiting prior authorized taxation; providing for installment payment of taxes; restricting the power of certain school districts to levy, assess and collect taxes; and making related repeals," in senior citizens property tax and rent rebate assistance, further providing for property tax and rent rebate.

AI Summary

This bill amends the Taxpayer Relief Act to expand the property tax and rent rebate program for senior citizens in Pennsylvania. The key changes are: 1) It extends the current property tax and rent rebate schedule through calendar year 2022, maintaining the existing base rebate amounts and supplemental rebate for those with property taxes exceeding 15% of household income (except for residents of certain cities and school districts). 2) Starting in 2023, it increases the base rebate amounts for property taxes and rent, with the maximum rebate rising from $650 to $1,300 for those with household incomes up to $15,000. The supplemental rebate for those with property taxes exceeding 15% of income is also continued. The bill aims to provide additional financial assistance to eligible senior citizens in Pennsylvania by expanding the property tax and rent rebate program.

Committee Categories

Budget and Finance

Sponsors (36)

Last Action

Referred to FINANCE (on 03/14/2023)

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