Pennsylvania Governor Shapiro Proposes $1,000 Property Tax Rebate for Seniors Using 11 Billion State Reserve Fund

September 9, 2023 Ch. Lalithaamba US Local News 0

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$11 Billion to Help Seniors with Property Taxes

Pennsylvania Governor Josh Shapiro has proposed to increase the maximum property tax rent rebate to $1,000 for seniors.

The increase is significant from the current maximum rebate of $650. The income cap to receive the payment would also increase to $45,000 for both renters and homeowners.

The proposal has been met with bipartisan support in the state legislature. It is expected to be passed into law soon.

The increase in the rebate would provide much-needed relief to seniors struggling to pay their property taxes or rent. It would also help to offset the rising cost of living in Pennsylvania.

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Qualification

To qualify for the rebate, seniors must be 65 or older, have an income below $45,000, and own or rent their primary residence. The rebate is based on the amount of property taxes or rent paid.

Applications for the rebate will be available in January 2024. Seniors can apply online at mypath.pa.gov or by mail.

$11 Billion to Help Seniors with Property Taxes
Seniors in Pennsylvania Could Get Up to $1,000 Property Tax Rebate

The increase in the property tax rent rebate is a welcome relief for seniors in Pennsylvania. It will help them to stay in their homes and to afford the rising cost of living.

The increase in the maximum rebate would be funded by the state’s $11 billion reserve fund.

The income cap would be increased to $45,000 for both renters and homeowners.

The proposal would also expand the eligibility requirements to include people with disabilities who are 18 or older.

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