Treasurer Stacy Garrity Encourages Pennsylvanians to Apply for Property Tax/Rent Rebate Program Members News May 22, 2024 Treasurer Stacy Garrity today encouraged eligible Pennsylvanians to apply for the Property Tax/Rent Rebate Program for this year’s rebate as soon as possible, noting that the Pennsylvania Treasury Department will begin sending rebates to approved applicants on July 1. “Many more Pennsylvanians are eligible for the Property Tax/Rent Rebate Program this year because the General Assembly and the Governor made the smart decision to expand the program,” Treasurer Garrity said. “I encourage everyone who’s eligible to apply as soon as possible. Treasury will start making payments on July 1, which is the earliest we’re able to under the law – and we’ll continue making payments on a rolling basis after that. This essential program makes a huge difference for so many, including older Pennsylvanians and those living with disabilities, and I’m committed to getting these payments out as quickly as possible once applicants are approved by the Department of Revenue.” The new law increased household income limits for rebates to $45,000 for homeowners and renters (up from $35,000 and $15,000, respectively). Claimants may exclude half of their Social Security income. The maximum standard rebate is now $1,000 (up from $650). Treasurer Garrity especially encouraged first-time applicants to apply as soon as possible because the Department of Revenue has indicated they will need more time to verify new applicant information as part of their efforts to combat program fraud. The Property Tax/Rent Rebate Program benefits Pennsylvanians age 65 and older, widows and widowers age 50 and older, and people with disabilities age 18 and older. Some homeowners may qualify for supplemental rebates. The deadline to apply for this year’s rebate is June 30, 2024. As part of last year’s program expansion, beginning in 2025, the income limits will be adjusted annually based on the Consumer Price Index for All Urban Consumers (CPI). That calculation will be done by the Secretary of Revenue. Since the program’s inception in 1971, more than $8 billion in rebates have been paid.