Pennsylvania HB1032 proposes a constitutional amendment allowing special real property tax provisions for longtime owner-occupants in areas with.
Pennsylvania HB1032 proposes an amendment to the state constitution to allow taxing authorities in first and second-class counties to create special real property tax provisions for longtime owner-occupants in areas where property values have increased due to refurbishing, renovating, or new construction. The bill specifies that local taxing authorities cannot raise the millage rate to fund these special provisions. The amendment process involves two General Assembly passages and submission to voters at the next general or municipal election.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.