McGarrigle Bill Expands Access to Property Tax/Rent Rebates

Harrisburg – State Senator Tom McGarrigle (R-26) has introduced legislation to expand the number of senior citizens eligible for rebates on their property taxes or rent payments.

Senate Bill 414 will amend the Taxpayer Relief Act to exclude unrealized dividends and stock dividends when calculating income to determine eligibility under the Property Tax/Rent Rebate program. The change will assist many senior citizens who narrowly miss the eligibility income limits because of dividends from which they have not received any benefit.

“The Property Tax and Rent Rebate program provides much needed financial relief to older or disabled property owners and renters,” said McGarrigle. “By amending the eligibility requirements we can provide this aid to more citizens without overburdening or altering the intent of this valuable program.”

The Property Tax and Rent Rebate program benefits eligible Pennsylvanians age 65 and older; widows and widowers age 50 and older; and people with disabilities age 18 and older. The income limit is $35,000 a year for homeowners and $15,000 annually for renters, and half of Social Security income is excluded.

The maximum standard rebate is $650, but supplemental rebates for qualifying homeowners can boost rebates to $975.

Senate Bill 414 was referred to the Senate Finance Committee.

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CONTACT: Alex Charlton acharlton@pasen.gov (610) 853-4100