How SB 1490 changes current law

AI-generated reading aid from the bill's amendatory text — verify against the official bill.

The bill exempts certain transfers of real estate from the realty transfer tax for surviving spouses or minor children of individuals who died in the line of duty.

• Section 1102-C.3

  (26) A transfer of real estate from the surviving spouse or minor child of an individual covered under the act of June 24, 1976 (P.L.424, No.101), referred to as the Emergency and Law Enforcement Personnel Death Benefits Act, if the following apply: (i) The covered individual died as a result of the performance of duties as a covered individual. (ii) One of the following: (A) The real estate was the principal residence of the surviving spouse or minor child and also the principal residence of the covered individual. (B) In the case of a surviving spouse, the real estate was the principal residence of the covered individual, but not the surviving spouse, and the covered individual and surviving spouse married within one year prior to the death of the covered individual. (C) In the case of a minor child, the real estate was the principal residence of the covered individual regardless of the minor child's residence at the time of the death of the covered individual. (iii) The transfer occurs within five years of the covered individual's death.

  This addition exempts specific real estate transfers from the tax for those directly affected by the death of emergency personnel.