Pennsylvania Treasurer Stacy Garrity revealed that approximately 442,000 payments totaling about $266 million were issued today under this year’s Property Tax/Rent Rebate Program. This disbursement marks a historic milestone as the largest single-day payout since the inception of the program.
Treasurer Garrity noted the expansion of the program’s eligibility criteria, attributing this achievement to the collaborative efforts of the General Assembly and the Governor. “This money can make a huge difference – especially for the many Pennsylvanians who are struggling to make ends meet,” Garrity stated, urging all eligible residents to apply. The Treasury will continue issuing rebates on a rolling basis as approvals from the Department of Revenue are received.
The program’s expansion this year has raised the income limits for receiving rebates to $45,000 for both homeowners and renters, up from previous thresholds of $35,000 and $15,000 respectively. Social Security income is also partially exempt, with claimants able to exclude half of it. The maximum standard rebate has been increased from $650 to $1,000.
According to the Treasury, 56 percent of the payments were processed via direct deposit, while the remaining 44 percent were distributed as paper checks through the U.S. Postal Service. The application deadline for this year’s rebate has been extended to December 31, 2024.
The Property Tax/Rent Rebate Program is designed to aid Pennsylvanians age 65 and older, widows and widowers age 50 and older, and individuals with disabilities age 18 and over. For details on eligibility and the application process, residents are encouraged to visit the Department of Revenue’s website, contact state legislators, or use the myPATH system to apply online. Applicants can also track the status of their rebates using the “Where’s My Rebate?” tool available on the Department of Revenue’s website.
