Pennsylvania House Resolution 457 directs a study on eliminating property taxes for certain seniors.
Pennsylvania House Resolution 457 instructs the Legislative Budget and Finance Committee to study and report on the feasibility of eliminating property taxes for certain seniors. The study will assess the potential exemption of low-income seniors from property taxes, a graduated tax scale for middle-income seniors, measures to prevent fraud or abuse, and alternative funding sources for municipalities and counties. The resolution highlights the financial burden on seniors, noting that the average senior spends over a month's income on property taxes.
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