PRINTER'S NO. 1326
No. 1182 Session of 1979
INTRODUCED BY MRKONIC, DUFFY, COLE, DAWIDA, SEVENTY, ITKIN,
GRAY, DUMAS, McMONAGLE, ZORD, TADDONIO, CESSAR, MANDERINO,
SCHMITT, REED, CIMINI AND J. J. JOHNSON, MAY 2, 1979
REFERRED TO COMMITTEE ON LOCAL GOVERNMENT, MAY 2, 1979
AN ACT
1 Amending the act of May 21, 1943 (P.L.571, No.254), entitled, as
2 amended, "An act relating to assessment for taxation in
3 counties of the fourth, fifth, sixth, seventh and eighth
4 classes; designating the subjects, property and persons
5 subject to and exempt from taxation for county, borough,
6 town, township, school, except in cities and county
7 institution district purposes; and providing for and
8 regulating the assessment and valuation thereof for such
9 purposes; creating in each such county a board for the
10 assessment and revision of taxes; defining the powers and
11 duties of such boards; providing for the acceptance of this
12 act by cities; regulating the office of ward, borough, town
13 and township assessors; abolishing the office of assistant
14 triennial assessor in townships of the first class; providing
15 for the appointment of a chief assessor, assistant assessors
16 and other employes; providing for their compensation payable
17 by such counties; prescribing certain duties of and certain
18 fees to be collected by the recorder of deeds and municipal
19 officers who issue building permits; imposing duties on
20 taxables making improvements on land and grantees of land;
21 prescribing penalties; and eliminating the triennial
22 assessment," exempting from taxation, the first five thousand
23 dollars of assessed value of real estate owned by senior
24 citizens.
25 The General Assembly of the Commonwealth of Pennsylvania
26 hereby enacts as follows:
27 Section 1. Subsection (a) of section 202, act of May 21,
28 1943 (P.L.571, No.254), known as "The Fourth to Eighth Class
1 County Assessment Law," is amended by adding a clause to read:
2 Section 202. Exemptions from Taxation.--(a) The following
3 property shall be exempt from all county, borough, town,
4 township, road, poor county institution district and school
5 (except in cities) tax, to wit:
6 * * *
7 (14) From all taxes, the first five thousand dollars
8 ($5,000) of the assessed value of real estate owned by and
9 resided in by any person who is sixty-five years of age or
10 older.
11 * * *
12 Section 2. This act shall take effect immediately and shall
13 first apply to the school year 1979-1980 and to the fiscal year
14 beginning January 1, 1980.
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