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HB 1708 (2026)

Increase BPT, lower property tax

This bill is still active.

Last updated 2026-01-30 11:42 pm
Summary:

Increases the Business Profits Tax (BPT) from 7.5% to 8.5%, increases the amount of BPT revenue that goes to public school funding, and decreases the statewide education property tax by a proportional amount.

Bill Sponsor:
Mark Vallone
Democratic party logo
Status:
HOUSE
Public Hearing Date:
01/29/2026 11:00 am
Public Hearing Location:
GP Room 154
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