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SENATE
DEMOCRATS TAKE THE LEAD ON TAX RELIEF
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Mellow |
HARRISBURG, September 28 --
Combining the best elements of the major
property tax relief proposals before the
General Assembly, Senate Democrats
introduced the first comprehensive
legislation of the Special Session on Tax
Reform
“A key element of our proposal is setting
aside partisan differences and approaching
the issue in a true spirit of compromise,”
said Democratic Leader Sen. Robert J.
Mellow, the prime sponsor of the Senate Bill
11. “We’ve retained the critical element of
taxpayer spending controls while giving
every homeowner the opportunity for property
tax relief.”
Demonstrating their commitment to the
“Mellow Compromise,” every Democratic
Senator stepped forward to co-sponsor the
bill.
The essential elements are:
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The property tax relief plan is
initially mandated for all districts.
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After the Secretary of the Budget
advises districts of their share of
gaming revenue, school boards may choose
to opt out.
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If the school board opts out, voters in
that district will be given the
opportunity to vote on a two-part
referendum – whether to accept gaming
money, and whether to institute taxpayer
spending controls.
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Voters can chose either or both
elements.
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There is no mandatory earned income tax
increase.
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Voters in districts that accept one of
the two elements – gaming money or
taxpayer spending controls – will be
given the option to use EIT or Personal
Income Tax revenue to reduce property
taxes.
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The level of the optional EIT increase
will be determined by the school board.
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Voters in the 111 districts which
already have opted in to Act 72 will
receive the same level of tax relief
they would have gotten with an EIT
increase, but gaming revenue will make
up the difference (expected to total $29
million)
“We’ve addressed the Governor’s request for
mandating tax relief, balancing it with the
recognition that some communities may choose
not to accept gaming revenue,” Mellow said.
“There simply is not a one-size-fits-all
solution to property tax in every
community.”
Mellow said the plan gives equal opportunity
for relief to homeowners across the state
while allowing for local control
“After more than a year of
intense, substantive debate across the
Commonwealth, the Special Session gives us
the opportunity to put what we’ve learned
into action,” Mellow said |