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Stoltz Of Coudersport

Street Machines Auto Care

Howard's Inc.

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Solomon's Auction & Yard Sale Page

CIMINO AUTO PARTS

PETE AND JEAN FOLK ANTIQUES AND COLLECTIBLES ARE SELLING HOWARD FURNITURE PRODUCTS AND SIMICHROME POLISH AT THE CALL OF THE NORTH GIFT SHOP....2367 Route 6, Gaines, PA 16922. 814-433-4111 and THE RIGHT STUFF at 364 East Second St., Coudersport PA. 814-274-4200.......These products are no longer available on Main Street in Galeton due to the closing of the Heart’s Desire store.

Monday, January 14, 2013

State Panel Releases Tax Reform Suggestions

State Panel Releases Tax Reform Suggestions

logo-taxreformMembers of a State House Select Committee on Property Tax Reform has released recommendations for changes to the current system of local real estate taxation. 

Rep. Tom Quigley (R-Montgomery), who chaired the committee, noted the panel did not attempt to find a “silver bullet” for property tax reform, but instead sought common ground.

The committee recommended the state constitution be amended to allow a homestead or farmstead exclusion of up to 100 percent of the property value (the current limitation is 50 percent of median value). Other recommendations include providing more diversified taxing options to local governments, and requiring the State Tax Equalization Board to develop a “best practices” guide to make the property valuation system more efficient and equitable. 

The committee also suggested further study on providing property tax relief based on various levels of income, and providing tax incentives for intergovernmental cooperation or consolidation. 

Finally, the committee recommended statutory changes that would allow local governments to make the best use of debt collection tools.

1 comment :

Amos' Neighbor said...

Finally, the committee recommended statutory changes that would allow local governments to make the best use of debt collection tools.

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I heard the Amish Mafia is far worse the the Italian.