Test Drive Our New Site! We have some improvements in the works that we're excited for you to experience. Click here to try our new, faster, mobile friendly beta site. We will be maintaining our current version of the site thru the end of 2024, so you can switch back as our improvements continue.
Legislation Quick Search
Advanced Search
Pennsylvania State Senate
10/11/2024 11:58 AM
Pennsylvania State Senate
https://www.legis.state.pa.us/cfdocs/Legis/CSM/showMemoPublic.cfm?chamber=S&SPick=20210&cosponId=32873
Share:
Home / Senate Co-Sponsorship Memoranda

Senate Co-Sponsorship Memoranda

Subscribe to PaLegis Notifications
NEW!

Subscribe to receive notifications of new Co-Sponsorship Memos circulated

By Member | By Date | Keyword Search


Senate of Pennsylvania
Session of 2021 - 2022 Regular Session

MEMORANDUM

Posted: December 2, 2020 12:02 PM
From: Senator Lisa M. Boscola
To: All Senate members
Subject: Homestead Property Tax Deduction for State Income Taxes
 
I plan to reintroduce legislation that would permit owners of homestead properties to deduct their real-estate taxes from their state income taxes. I feel that in response to the new Federal Tax package passed by Congress, we need to consider providing relief to homeowners in the Commonwealth. Because Federal Tax Law caps local and state tax deductions at $10,000.00, many property owners could face a new Federal tax burden as a consequence of the capping of this deduction.

Since the passage of the Federal Tax revision, the State of New Jersey has already proposed a similar concept to this, and I anticipate that many other states that have high, residential property tax rates, will follow suit. Please join me in sponsoring this legislation.

​Previous co-sponsors to SB 358 were: Costa, Brewster, Mensch, Haywood and Yudichak.



Introduced as SB197