Pennsylvanians who are elderly or disabled will soon receive financial assistance through a “bonus” property tax or rent rebate. The additional refund, which will give recipients a one-time payment of 70% of the value of their 2021 rebate or a maximum amount of $1,657.50, was announced by Pennsylvania Governor Tom Wolf last month. He expressed his “proudness” for the initiative.
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In a press release, Wolf stated, “I am proud that bonus rebates are starting to roll out to Pennsylvanians in need this week.” “A bonus Property Tax/Rent Rebate Program rebate this year will be a game changer for older adults, many of whom are on a fixed income. Pennsylvania’s senior citizens and people with disabilities will benefit from these bonus rebates by staying in their homes.
According to the state Department of Revenue, the 361,042 eligible recipients will receive their payments earlier than expected, according to Revenue Secretary Dan Hassell. “We are thrilled that we’re ahead of schedule and prepared to start offering this much-needed relief earlier than anticipated, even though we initially stated that we expected one-time bonus rebates to be paid beginning in September,” Hassell said.
“At the same time, we request patience from claimants anticipating a paper check in the mail. All of the one-time bonus rebate checks will take a while to mail. Still, those who selected direct deposit on their application forms should receive their bonus rebates sooner.” Early in August, Wolf signed the original bill, which permitted the one-time “bonus rebates.
” The relief is meant to assist with inflation-related cost increases. $140 million from the American Rescue Plan, which President Joe Biden signed into law in March 2021, is being used to cover the one-time payments. States have utilized the American Rescue Plans’ excess funds in various ways, with one Illinois city using the money to support a pilot project that tested a basic income model.