Bill > HB2537

This bill amends the Pennsylvania Consolidated Statutes to add a new subchapter that provides for a senior citizen property tax freeze. The key provisions of the bill are: 1. It allows political subdivisions in Pennsylvania to grant annual property tax freezes to eligible senior citizens, widow/widowers, and permanently disabled individuals with household incomes not exceeding $45,000 annually. 2. It requires the Department of Revenue to develop a standardized application form, compile data on the number of individuals granted a tax freeze and the associated costs, and publish an annual report on the program. 3. It requires political subdivisions that grant a tax freeze to notify the Department and assist in data collection. 4. It requires the Department to submit a report to the General Assembly by December 31, 2029, to review the eligibility criteria and effectiveness of the tax freeze program.