MUNI-PHILADELPHIA COUNTYlocal legislationIN COMMITTEE

Proposed Expansion of Low-Income Property Tax Relief to Certain Trusts

Original title: Amending Chapter 19-4600 of The Philadelphia Code, entitled “Low-Income Tax Provisions,” to extend the low-income tax provision to trusts that own property for the benefit of a natural person, all under certain conditions.

April 23, 2026

taxes property tax low-income assistance trusts Philadelphia

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The Frame

What this does

If passed, this bill would change eligibility requirements for low-income property tax relief, potentially allowing residents whose homes are held in to access tax benefits previously restricted to individual property owners.

Who is mentioned in the record

Potentially affected actors named in the source documents. Mention is not a position.

Trust beneficiaries

Individuals whose primary residences are held in trust may become eligible for low-income tax relief programs if the bill is enacted.

Philadelphia Department of Revenue

The department would be responsible for administering the expanded tax relief criteria and verifying trust eligibility.

What changed

Last recorded activity April 23, 2026.

What's next

Next step not available in the current record.

Summary

This bill proposes an amendment to the Philadelphia Code to allow s that hold property for the benefit of a to qualify for existing low-income tax provisions. The legislation is currently under review by the Committee on Finance.

Why It Matters

Key Facts

The bill amends Chapter 19-4600 of The Philadelphia Code, known as 'Low-Income Tax Provisions'.
The proposed change extends eligibility for low-income tax relief to trusts that own property for the benefit of a natural person.
Eligibility for the extension is subject to 'certain conditions' as defined in the bill text.
The bill is currently in the 'IN COMMITTEE' status.
The bill was introduced on April 23, 2026.
The bill is being reviewed by the Committee on Finance.

Frequently Asked Questions

Does this bill automatically grant tax relief to all trusts?

No, the bill specifies that the extension applies only to s that own property for the benefit of a and meet 'certain conditions' outlined in the legislation.

What is the current status of this bill?

The bill is currently in the Committee on Finance and has not yet been passed into law.

News Coverage

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