|Posted:||December 29, 2020 10:09 AM|
|From:||Senator Lisa M. Boscola|
|To:||All Senate members|
|Subject:||Homestead and Farmstead Property Tax Elimination|
|I intend to introduce legislation which would provide for full property tax relief for homesteads and farmsteads in the Commonwealth. Specifically, this plan would need to raise approximately $8.5 billion. I am proposing to raise the sales tax by 1% and the personal income tax (PIT) by just over 1.5%.
While there have been a variety of plans put forth, I feel that due to the overwhelming passage of the 2017 referendum to the Pennsylvania Constitution, we now have the ability to provide meaningful property tax relief to the people of Pennsylvania that need it most, homeowners.
Please join me in co-sponsoring this measure.
Introduced as SB537