|Posted:||March 26, 2021 01:50 PM|
|From:||Senator Wayne D. Fontana|
|To:||All Senate members|
|Subject:||Property Tax Rebate for Baby Boomers|
The U.S. Census Bureau released estimates last year showing the nation’s 65-and-older population has grown rapidly since 2010, driven by the aging of Baby Boomers born between 1946 and 1964. Here in Pennsylvania, the 65+ population makes up over 18 percent of the Commonwealth’s population with a growth rate over 20 times that of the state’s general population. As this age group continues to climb, we must look for ways to support these residents who are often on a fixed income.
For this reason I will be writing a bill that would implement a property tax rebate for the baby boomer generation. To qualify for a rebate, an individual must be a Pennsylvania residents who is 66 years and older, whose income is $66,000 and under, and who has lived in their home for 6 years or more. My bill would establish 2020-21 as a “base year” for property tax rebates to begin and would be funded through Pennsylvania Lottery proceeds.
I hope you will consider joining me that supports our baby boomers by co sponsoring this important legislation.
Introduced as SB626
|Description:||Amends the Taxpayer Relief Act to provide for a supplemental senior property tax rebate.|
Introduced as SB627
|Description:||Amends the State Lottery Law to provide for disposition of funds.|