§ 6926.342. Homestead and farmstead exclusion process
Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 53 P.S. Municipal and Quasi-Municipal CorporationsEffective: June 27, 2006
Effective: June 27, 2006
53 P.S. § 6926.342
§ 6926.342. Homestead and farmstead exclusion process
Each fiscal year in which a school district imposes a tax authorized under section 3211 or receives a property tax reduction allocation pursuant to Chapter 5,2 the district shall calculate a homestead and farmstead exclusion for the purpose of reducing school district property taxes. The school district shall adopt a resolution implementing the homestead and farmstead exclusion no later than the last day of the fiscal year immediately preceding the fiscal year in which the homestead and farmstead exclusions shall take effect.
Credits
2006, June 27, P.L. 1873, No. 1 (Spec. Sess. No. 1), § 342, imd. effective.
53 P.S. § 6926.342, PA ST 53 P.S. § 6926.342
Current through Act 13 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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