Category: Pa Property Tax Reform And SB76
Pa Property Tax Reform And SB76 — Property Tax Independence Act introduced in the Pennsylvania legislature by State Rep. Jim Cox And State Senator Dave Argall in March 2013. It is also known as SB76, SB 76, HB 1776
SB 76 as of 2017 will eliminate all property tax funding for schools — with some exceptions for districts with long-term debt –and replace it by increasing the state sales tax 1 percentage point and the state income tax 1.88 percentage points.
A bill called HB 1776 was introduced in 2012 that would eliminate school property and local school nuisance taxes across the Commonwealth and replace those taxes with funding from a single state source.
Cox Online Petition For Ending Home Tax
State Rep. Jim Cox (R-129) is circulating an on-line petition to present to Gov. Tom Corbett to encourage him to make supporting the Property Tax Independence Act his highest priority in his annual budget address, before the the state House and Senate, Feb. 7.
The bill, which has yet to be introduced but is expected to be called HB 1776, would eliminate school property and local school nuisance taxes across the Commonwealth and replace those taxes with funding from a single state source.
If such a law came into effect one would actually own one’s home rather than simply rent it from the government.
The petition can be found at the link.
I signed it.