Pennsylvania HR457 directs the Legislative Budget and Finance Committee to study eliminating property taxes for certain seniors.
Pennsylvania HR457 instructs the Legislative Budget and Finance Committee to study the feasibility of eliminating or reducing property taxes for certain seniors. The study will explore exempting low-income seniors from property taxes, implementing a graduated tax scale for middle-income seniors, and identifying alternative revenue sources for municipalities and counties. The committee must report its findings within 120 days.
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