Proposed Property Tax Changes for Harrisburg Real Estate
When our state legislators return for the 2016 session they will be asked to vote on the ‘School Property Tax Elimination Act.’ The Bill, if it becomes law, will eliminate that portion of the property tax that is allocated to school districts. Any reduction in the cost of owning a home, piece of land, or a commercial property, can result in an increase in market activity. The more real estate that is bought and sold the better it is for the local economy, and is always good f