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We're sorry, this alert is no longer available. If you would like to learn more about ways you can take action, please visit Pennsylvania Association of REALTORS.

The short explanation of this alert was:

The General Assembly is considering an increase in the statewide realty transfer tax (RTT) from 1.0% to 1.9%, with the additional 0.9% dedicated to mass transit funding. They may also give county governments the authority to increase the local RTT and dedicate the additional percentage to mass transit.

 

The House continues to debate on amendments to House Bill 1590.  PAR expects that a floor vote will occur on Monday, June 25th.  Don't wait - TAKE ACTION NOW!  Contact your Representative and tell them to VOTE NO to any provision that includes RTT as a state or local funding option. A county RTT is a NEW TAX on the citizens of Pennsylvania.



If you would like to view details on this alert, please visit here.