Pa. Lawmakers Approve Philly Gentrification Relief Bill

Law360, New York (November 20, 2013, 4:08 PM EST) -- Pennsylvania lawmakers on Tuesday approved a bill that would allow the city of Philadelphia to give real property tax relief to eligible homeowners based on financial need or age, an effort to help residents most impacted by higher tax burdens from rising property values.

The Pennsylvania Senate approved House Bill 390 in a 48-2 vote, sending the measure to Gov. Tom Corbett after the state House of Representatives approved the so-called gentrification tax relief measure in June. The bill would give certain Philadelphia homeowners a break on...
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