11/10/17
by News Department on 11/10/17Sch. Cty. supports tax cut...
On Election Day, Pennsylvania voters were asked to consider a proposed constitutional amendment to permit the General Assembly to enact legislation to expand the homestead exclusion.
Over 69% of voters who hit the polls in Schuylkill County voted for the amendment.
Currently, the state Constitution only allows up to 50 percent of the median assessed value of homestead property within the taxing district.
If the amendment, known as the Homestead Exclusion Amendment, was approved, the General Assembly will have the ability to pass legislation expanding the exemption up to 100 percent.
The State Senate has already introduced Senate Bill 76, the Property Tax Independence Act that would replace the revenue generated by the property tax for public schools.
The tax would also be expanded to cover more goods and services that are currently exempt.
