Pennsylvania SB1033 proposes an amendment to the state constitution to allow special real property tax provisions for longtime owner-occupants in.
Pennsylvania SB1033 proposes an amendment to the state constitution to allow the General Assembly to establish standards and qualifications for local taxing authorities to implement special real property tax provisions. These provisions would apply to longtime owner-occupants in areas where real property values have risen markedly due to refurbishing, renovating, or new construction. The amendment also prohibits local taxing authorities from increasing the millage rate of their tax on real property to pay for these special provisions.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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