HomePoliticsHouse approves legislation to exclude families of fallen first responders from realty...

House approves legislation to exclude families of fallen first responders from realty transfer tax

House Bill 269 would exempt a spouse or child of a first responder, who receives benefits from the Emergency and Law Enforcement Personnel Death Benefit Act, from paying a realty transfer tax if they decide to sell their house within five years of the death

The Pennsylvania House of Representatives recently approved legislation to support families of first responders by eliminating realty transfer tax burdens for up to five years, said Rep. Frank Farry (R-Bucks), who co-authored the measure.

“Excluding families of fallen first responders from paying a realty transfer tax after losing a loved one will ease financial burdens of having to move, ultimately helping them during that difficult time,” he said.

House Bill 269 would exempt a spouse or child of a first responder, who receives benefits from the Emergency and Law Enforcement Personnel Death Benefit Act, from paying a realty transfer tax if they decide to sell their house within five years of the death.

Currently, the spouse or children of a first responder who has passed away while protecting and keeping our communities safe have no other choice but to move due to sudden loss of income or they decide to relocate because of the memories. House Bill 269 would eliminate the realty transfer tax for those families up to five years from the date of death, providing them with an opportunity to move with less financial obstacles.

“Our first responders have given so much to our communities and I believe we can show our gratitude for their sacrifices by giving back to their families during difficult times,” Farry said.

House Bill 269 now awaits consideration by the state Senate.

Philadelphia
mist
52.4 ° F
54.6 °
50.5 °
97 %
2.2mph
100 %
Sat
64 °
Sun
55 °
Mon
60 °
Tue
67 °
Wed
63 °
- Advertisment -
661FansLike
551FollowersFollow

Current Issue

19006 Huntingdon Valley

Latest

Subscribe to Newsletter