Bill > SB979

This bill amends the Pennsylvania Consolidated Statutes to modify how property assessments can be changed in consolidated counties. Currently, assessors can change the assessed valuation of real property when land is subdivided or when improvements exceed 20% of the property's most recent assessed value. The bill introduces new limitations on when assessors can reassess property improvements. Specifically, assessors cannot increase the assessment if the improvements are 20% or less of the property's current value, the property is the owner's primary residence for at least five years, and this is the first time such improvements have been made during the owner's ownership. The bill aims to protect homeowners from frequent reassessments that could increase their property taxes, particularly for smaller home improvements. By preventing assessments for minor upgrades to a primary residence, the legislation provides a degree of tax stability for homeowners. The changes will take effect 60 days after the bill is signed into law.

Housing and Urban Affairs

https://www.legis.state.pa.us/cfdocs/billinfo/bill_history.cfm?syear=2025&sind=0&body=S&type=B&bn=979