Official:Amending Section 19-1301.1 of The Philadelphia Code, entitled “Homestead Exclusion,” to increase the amount of the homestead exclusion, under certain terms and conditions
Sponsor: Councilmember Johnson
Introduced: January 23, 2020
Signed: June 23, 2022
: Committee of the Whole
Status: Signed into Law, step 4 of 4
This bill increases the amount of homestead exclusion from property taxes, starting in tax year 2023. The new threshold will be $80,000 for homes that qualify for this exemption.
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