|Posted:||December 4, 2018 12:11 PM|
|From:||Senator Mario M. Scavello|
|To:||All Senate members|
|Subject:||Homeowners Association Contributions Tax Deduction|
As you all are aware, many homeowners across the State are having a difficult time keeping up with all of their financial obligations as it relates to their home. In response to this, several bills have been introduced with the intent of removing a portion of the burden homeowners are shouldering. However, I plan to take a different approach in providing relief for homeowners across the State.
In the near future, I plan to re-introduce legislation (former SB 878 of 2015-16) that will assist all Pennsylvania homeowners that are required to contribute to a homeowners association. If enacted, my legislation would permit homeowners to deduct 75% of the total amount they remitted to a qualifying association from their State PIT return.
Our current economic climate has placed a large burden on homeowners by adding additional or increasing financial obligations. Please join me in co-sponsoring this legislation.
If you have any questions regarding this legislation, please contact Christine Zubeck in my office at 717-787-6123 or firstname.lastname@example.org. Thank you for your consideration.
Introduced as SB539