Property Tax Reform Signed Into Law

Governor Rendell signed legislation today enacting the first property tax reform for Pennsylvania in several decades. The legislature has been wrangling with many different bills, all proposing one method or another to ease the tax burden. This bill, though, only deals with school taxes and not county taxes.

Rendell campaigned in 2002 on a platform which included passing some property tax relief. Combined with Act 72 which should raise significant sums from slot machines, the Governor can now tell the voters he has accomplished as much reform as was possible under Republican leadership in the state legislature. More signifant reform is defintely needed, especially on county property taxes, but that will have to await election changes come November 7th.