A JOINT RESOLUTION

 

1Proposing an amendment to the Constitution of the Commonwealth
2of Pennsylvania, further providing for exemptions and special
3provisions.

4The General Assembly of the Commonwealth of Pennsylvania
5hereby resolves as follows:

6Section 1.  The following amendment to the Constitution of
7Pennsylvania is proposed in accordance with the provisions of
8Article XI:

9That section 2(b)(vi) of Article VIII be amended to read:

10§ 2.  Exemptions and special provisions.

11* * *

12(b)  The General Assembly may, by law:

13* * *

14(vi)  Authorize local taxing authorities to exclude from
15taxation an amount based on the assessed value of homestead
16property. The exclusions authorized by this clause shall not

1exceed [one-half of the median assessed value of all] 100% of 
2the assessed value of each homestead property within a local
3taxing jurisdiction. A local taxing authority may not increase
4the millage rate of its tax on real property to pay for these
5exclusions.

6* * *

7Section 2.  (a)  Upon the first passage by the General
8Assembly of this proposed constitutional amendment, the
9Secretary of the Commonwealth shall proceed immediately to
10comply with the advertising requirements of section 1 of Article
11XI of the Constitution of Pennsylvania and shall transmit the
12required advertisements to two newspapers in every county in
13which such newspapers are published in sufficient time after
14passage of this proposed constitutional amendment.

15(b)  Upon the second passage by the General Assembly of this
16proposed constitutional amendment, the Secretary of the
17Commonwealth shall proceed immediately to comply with the
18advertising requirements of section 1 of Article XI of the
19Constitution of Pennsylvania and shall transmit the required
20advertisements to two newspapers in every county in which such
21newspapers are published in sufficient time after passage of
22this proposed constitutional amendment. The Secretary of the
23Commonwealth shall submit this proposed constitutional amendment
24to the qualified electors of this Commonwealth at the first
25primary, general or municipal election which meets the
26requirements of and is in conformance with section 1 of Article 
27XI of the Constitution of Pennsylvania and which occurs at least 
28three months after the proposed constitutional amendment is 
29passed by the General Assembly.