HARRISBURG, Pa. (WHTM) – Proposed legislation would replace school district property taxes by funding education in Pennsylvania with statewide revenue sources.
State Rep. Jim Cox (R-Berks/Lancaster) Wednesday introduced the Property Tax Independence Act (House Bill 76) in the state House.
“We can fund our schools without driving law-abiding citizens out of their homes,” Cox said in a release. “This plan represents hops for people teetering on the edge of losing their homes due to the current property tax system.”
Under this proposed legislation, personal income tax would increase from 3.07 percent to 4.95 percent. The state sales and use tax would also increase from 6 percent to 7 percent.
The bill won’t likely be considered in the House before the two-year session ends in November, which is something Cox is well aware of.
“Introducing the bill assures our supporters and allies that House Bill 76 is alive and well, and will be pursued in the future,” Cox said. “This also gives state representatives an opportunity to sign on the bill as a co-sponsor if they support replacing school district property taxes with other stable sources of revenue.”
A proposal similar to House Bill 76 fell one vote shy in the state Senate last November.