Apr. 14, 2017

The Weekly Roundup
The latest news from the State Capitol
                   
 
Changing the Inheritance Tax Law 
                   
Legislation to eliminate the inheritance tax for transfers of property from a parent to a child age 21 and younger passed the state House recently. Currently, property transferred from a parent to a minor child is subject to an inheritance tax rate of 4.5 percent. This legislation would be especially beneficial to farmers who often leave the family farm to their children. House Bill 291 now goes to the Senate for consideration. 
                           
                           
 
Protecting Tax Dollars
                       
To give taxpayers greater peace of mind that their tax money is being deposited in the appropriate accounts, the House passed legislation recently to prohibit checks from being made payable to an individual. House Bill 16 would require checks to be made payable to the name of the tax collector along with the office, title, or position and be deposited into a separate bank account only used for tax money. Current law does not specify how taxes are to be paid. The legislation is now with the Senate for review. 
                       
                        
 
Giving Life a Second Chance
                       
To raise awareness of the life-saving benefits of organ donation, House Resolution 209 passed the House recently to designate April 2017 as National Donate Life Month in Pennsylvania. According to Donate Life America, more than 33,000 transplants brought life to patients during the last year. However, more than 118,000 men, women and children still need organ transplants, including almost 8,000 Pennsylvanians. 
                            
                       
50-Year Voters Honored 
                      
 
Monday at the Perry County Courthouse in New Bloomfield, I joined Pennsylvania Secretary of State Pedro Cortes at a ceremony to welcome 14 Perry County voters into the Pennsylvania Voter Hall of Fame. All of them have voted in every November election for at least 50 consecutive years. We thanked them for taking their civic duty so seriously. 
                             
                         
 
Tax-Free Savings Accounts for People with Disabilities 
                        
Tax-free savings accounts aimed at helping people with disabilities save money for future care and services are now available through the Pennsylvania Treasury. The PA ABLE (Achieving a Better Life Experience) accounts are structured similar to tuition savings accounts and allow people with disabilities, their family members and friends to contribute up to $14,000 per year to a maximum account limit of $511,758. Learn more here
                                  
                      
 
                    
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