June 12, 2006

Property Tax Reform

Finally?

    Senate Majority Whip Jeff Piccola (R-15) and Senate Caucus Chairman Joe Conti (R-10) today joined efforts to unveil a compromise plan that will move the Commonwealth in a direction to eliminate - not simply reduce - property taxes.

    Piccola and Conti’s plan incorporates most of the provisions of the Special Session on Property Tax’s Conference Committee Report on House Bill 39 and includes two additional components. Their proposal generates approximately $2.0 billion in revenues by selectively expanding the state’s Sale Tax Base in 2007 and using anticipated gaming revenues. The Piccola/Conti plan also establishes a “super backend referendum” to ensure that if school property taxes still exist after July 1, 2008, the voters must approve any increases.


Ever since I realized that as long as you pay property tax, you never really own your home, I've been an advocate of eliminating it.

This is a good step. Let's see how far it gets.

Pennsylvania Posted by AlexC at June 12, 2006 3:40 PM