_____________________NEWS
RELEASE |
State Senator
VINCENT J. FUMO
1st Senatorial District
Room 545 Main Capitol, Harrisburg PA 17120
Internet Website: www.fumo.com |
|
FOR IMMEDIATE
RELEASE |
CONTACT: GARY TUMA
PHONE: 717-787-5662
EMAIL: gtuma@fumo.com |
SENIORS STILL HAVE TIME TO APPLY
FOR PROPERTY TAX AND RENT REBATES
PHILADELPHIA,
SEPTEMBER 24, 2007 -- State Senator Vince Fumo (D-Philadelphia) reminded
senior citizens who are eligible for property tax rebates that they must apply
by December 31 in order to receive their money back for this year.
"Checks have already started going out, but in
Philadelphia, fewer than half of those who are eligible to receive rebates have
applied. Statewide, only 61 percent of the estimated number of seniors who are
eligible have applied. So seniors all over the state are missing out on money
they have coming to them," Fumo said.
The tax breaks are thanks to Act 1, enacted in 2006. It
uses the revenue from Pennsylvania’s slots casinos to make more senior citizens
in the state eligible for property tax rebates, and to increase the amount of
those rebates.
Even though only five casinos (of the eventual 14) have
opened so far in the state, and the revenue is just starting to come in, the
first rebate checks to senior citizens were already issued this summer.
In Philadelphia, an estimated total of more than 80,000
seniors are eligible, which is an increase of more than 57,000 homeowners over
the number under the previous rebate system. Yet as of the beginning of
September, only about 36,000 Philadelphia seniors, less than half, had actually
applied for the property tax rebate, which can be anywhere from $250 to $650,
depending on income levels.
The good news, however, is this: Seniors have until
Dec. 31 to apply for the rebates they are entitled to receive this year.
This is the criteria:
-- Those seniors earning $35,000 a year or less and who
own a home are eligible for a rebate. And seniors only count one half of Social
Security payments toward that income threshold. The cut-off point used to be
$15,000.
-- You must be a Pennsylvania resident homeowner age 65
or older, or be a widow or widower 50 years of age or older, or you must be
permanently disabled or medically unable to work.
-- Renters who meet the age requirements and who make
less than $15,000 per year can also get a rebate.
To receive a PTRR application, senior citizens should
do one of the following:
Call toll-free at 1-888-222-9190
Register online at
www.papropertytaxrelief.com
Those who live in the First Senatorial District can
also call either of Senator Fumo's district offices, at 215-468-3866 or
215-423-7670
Eventually, a portion of the more than $1 billion that
the state will receive annually from slots gambling will also provide
significant wage tax cuts for Philadelphians. But senior homeowners are eligible
RIGHT NOW, and they should take advantage of this historic tax break.
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