Pennsylvania Code
Title 61 - REVENUE
Part I - Department of Revenue
Subpart D - Senior Citizens Property Tax or Rent Rebate
Chapter 401 - ASSISTANCE
CALCULATION OF ASSISTANCE
Section 401.73 - Proportional reduction
Universal Citation: 61 PA Code ยง 401.73
Current through Register Vol. 54, No. 44, November 2, 2024
In the event that the total amount of the claims and administrative expenses exceeds the amount in the State Lottery Fund in any one year, the amount allowed as a property tax or rent rebate shall be reduced in the proportion that the amount of such fund bears to the total amount of valid claims and administrative expenses in any one year. For the fiscal year beginning July 1, 1975, the amount in the State Lottery Fund shall include funds available including revenue estimated to be available for the purposes of administrative expenses and claims.
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