Last updated: 7/17/2024
Application For Homestead Exemption
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Description
APPLICATION FOR HOMESTEAD EXEMPTION. The Taxpayer Relief Act, Act 1 of Special Session 1 of 2006, was signed into law by Governor Rendell on June 27, 2006. The law provides for property tax reduction allocations to be distributed by the Commonwealth to each school district, and the state funds must then be used to reduce local residential school property tax bills. Property tax reduction will be through a “homestead or farmstead exclusion.” Under a homestead or farmstead property tax exclusion, the assessed value of each homestead or farmstead is reduced by the amount of the exclusion before the property tax is computed. To receive school property tax relief for tax years beginning July 1, 2025, or January 1, 2026, this form must be filed by March 1, 2025. Your school district is required to notify you by December 31 of each year if your property is not approved for the homestead or farmstead exclusion or if your approval is due to expire. www.FormsWorkflow.com
