Pennsylvania Grant & Resource Directory - Pennsylvania House ...

DEPARTMENT OF REVENUE
www.revenue.state.pa.us
GRANT/PROGRAM
CONTACT INFO/DEADLINE
Property Tax/Rent Rebate Program – The rebate program benefits eligible Pennsylvanians age 65 and older;
widows and widowers age 50 and older; and people with disabilities age 18 and older. The income limit is $35,000
a year for homeowners and $15,000 annually for renters, and half of Social Security income is excluded. More than
600,000 older Pennsylvanians and residents with disabilities are expected to benefit from the program this year.
Homeowners can receive:
Renters can receive:
Income
$0 to $8,000 $650
$8,001 to $15,000 $500
$15,001 to $18,000 $300
$18,001 to $35,000 $250
Maximum Standard Rebate
Income
Maximum Rebate
$0 to $8,000 $650
$8,001 to $15,000 $500
An estimated 120,000 senior homeowners will have school property taxes completely eliminated when rebates
combine with slots gaming-funded general property tax relief that all homeowners see itemized on school district
property tax bills each summer. The maximum standard rebate is $650, but supplemental rebates for qualifying
homeowners can boost rebates to $975. The Revenue Department automatically calculates supplemental rebates
for qualifying homeowners.
The Property Tax/Rent Rebate Program is one of five programs supported by the Pennsylvania Lottery. Since the
program’s 1971 inception, older and disabled adults have received more than $4.8 billion worth of property tax and
rent relief. The expanded portion of the rebate program is paid for with revenue from slots gaming.
Property Tax/Rent Rebate information and applications are available by visiting www.revenue.state.pa.us or
calling 1-888-222-9190.
PENNSYLVANIA DEPARTMENTS
Research and Development Tax Credit – A taxpayer who
incurs Pennsylvania qualified research and development
expense in a taxable year can apply for a research and
development tax credit. Businesses qualifying for the federal
research and development tax credit and making research and
development investments in Pennsylvania are eligible. A tax
credit (of 10 percent for large businesses and 20 percent for
small businesses) is granted based on the company’s increased
research and development expenses over a base period. The
credit is prorated to not exceed $40 million annual cap in 2010-
2011 and $55 million annual cap in 2011-2012 for all businesses.
Up to 20 percent of total pool is set aside for small businesses.
The credit is applicable to corporate net income, capital stock
and foreign franchise and personal income tax liabilities.
Unused credits may be carried over for up to 15 succeeding
taxable years.
Contact – Pennsylvania Department of
Revenue at (717) 221-5966
Also allows companies holding qualifying
Research and Development Tax Credits to
apply for approval to sell those tax credits
and assign them to buyer(s).
Contact – Department of Community and
Economic Development Customer Service
Center at 1-800-379-7448
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