16 Pa. Stat. § 4904-A

Current through Pa Acts 2024-53, 2024-56 through 2024-111

Section 4904-A - Duration of tax-neutral assessed value

The tax-neutral assessed value of the homestead shall continue in effect until the earlier of:

(1) the first year the owner of the homestead fails to meet the requirements to receive a property tax rebate under the act of March 11, 1971 (P.L. 104, No. 3), known as the "Senior Citizens Rebate and Assistance Act"; or

(2) the date of the sale or transfer of the property to a person other than the spouse of the qualified owner-occupant.

16 P.S. § 4904-A

1953, July 28, P.L. 723, No. 230, art. XIX-A, § 1904-A, added 2001, June 8, P.L. 114, No. 16, § 1, imd. effective.