DETAILED
SUMMARY
of Act 1
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SLOTS PAY OFF FOR PA HOMEOWNERS
Pennsylvania's new
casinos have outperformed expectations and, with fewer than
half of the authorized facilities in operation, have
produced $660 million to be used for local tax cuts.
Tax breaks
will vary by school district, but across the state property
taxes will be cut by an average of 10 percent. Senate
Democrats provided the critical votes needed to pass the
legislation that authorized slot machine gambling in
Pennsylvania. Seven casinos are now in operation,
while five more are expected to open next year. Three
licenses have not yet been awarded.
The tax
cuts will go to homeowner's who live in their homes, and who
have filed a Homestead Exclusion Form with their county
assessment office. Many counties
have the forms available on line. You can print out a
form using the link below.
Additional tax relief for seniors is available
through a separate fund called the Property Tax and Rent
Rebate Program. That money will be available this
year. For more information on that program, and to download
the application on line,
click
here.
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To
apply for a Homestead Exclusion, fill out the form
and mail it to your County Assessment Office |
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Print your Homestead Exclusion Form and Instructions
>>>Click
here |
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Find your county
assessment office >>>
Click here |
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Find your
local school district >>>
Click here |
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