House OKs Bill to Eliminate Inheritance Tax on Certain Transfers
4/24/2017
Updating the 85th District
The latest news from the State Capitol
                    
 
                      
The North Shore Railroad teamed up with Rickenbaugh Building Supply to host a Customer Appreciation lunch at PA Distribution on Friday, April 21. PA Distribution is a customer of North Shore’s Union County Industrial Railroad. Rickenbaugh invited vendors to present in the warehouse, and North Shore’s passenger cars served as a place to eat and network. Ben Ranck of my office stopped by and talked about economic development in our region. Pictured left to right is Loni Briner, public relations and media manager, North Shore Railroad; Todd Hunter, chief marketing officer, North Shore Railroad; Tim Rickenbaugh, owner of Rickenbaugh Building Supply; Joe Kantz, business and development officer, North Shore Railroad; and Benjamin Ranck, 85th District Office.   
                                   
                 
Celebrate MACC’s 15th Anniversary!
                    
The Middlecreek Area Community Center is hosting a 15th anniversary celebration and Kids Fair on Saturday, May 6, from 10 a.m. to 2 p.m.

The free Kids Fair, sponsored by the MACC and the Snyder County Coalition for Kids, offers a variety of fun activities, including bounce houses, pony rides, the Snyder County Sheriff’s K-9 office, car seat safety checks, face painting, games and crafts, barrel train rides and more. Free hotdogs, chips and drinks are also available.

An auction in honor of the 15th anniversary is also planned, with raffles and silent auctions opening at 10 a.m. Saturday. An oral auction begins at 7 p.m. with doors opening at 5:30 p.m. Free hors d’oeuvres and beverages will be served.

The events will be held at the MACC, located at 67 Elm Street in Beaver Springs. For more information, call 570-658-2276 or visit www.maccrec.org.
                        

Traffic Alert: I-80 West Project to Begin Sunday

A microsurfacing project on Interstate 80 westbound between the Route 15 and Mile Run interchanges in Union County is scheduled to begin this Sunday, April 30.

There will be lane closures with cones and flaggers providing traffic control. This work will be performed at night from 9 p.m. to 6 a.m. Sunday through Thursday. Work is expected to be completed by the end of June, weather permitting.
                           
                  
House OKs Bill to Eliminate Inheritance Tax on Certain Transfers
               
Legislation to eliminate the inheritance tax for transfers of property from a parent to a child age 21 and younger passed the state House recently. Currently, property transferred from a parent to a minor child is subject to an inheritance tax rate of 4.5 percent.

However, property transfers from a child age 21 or younger to a natural parent, adoptive parent or step-parent are exempt from the tax, and House Bill 291 seeks to exempt property transfers from the tax in the reverse order. This would be especially beneficial to farmers who often leave the family farm to their children.

The measure now goes to the Senate for consideration.
           

 
Tax-Free Savings Accounts for People with Disabilities Now Available

Tax-free savings accounts aimed at helping people with disabilities save money for future care and services are now available through the Pennsylvania Treasury. The PA ABLE (Achieving a Better Life Experience) accounts are structured similar to tuition savings accounts and allow people with disabilities, their family members and friends to contribute up to $14,000 per year to a maximum account limit of $511,758. Once the limit is reached, accounts can continue to earn interest.

Withdrawals from the account will be exempt from both state and federal income taxes as long as the funds are used for “qualified disability expenses.” These include, but are not limited to, education, housing, transportation, employment training/support and assistive technology.

For more information about the accounts and eligibility, click here.
                
            
State Grant Deadline is May 1 for PA College Students
                   
The deadline for students and families to submit their applications for the 2017-18 Pennsylvania State Grant program is May 1. This deadline applies to all renewal applicants and first-time applicants who plan to enroll in colleges, universities or a college transfer program at two-year public or private colleges (except community colleges and designated Pennsylvania Open Admission institutions).

To apply for a Pennsylvania State Grant, applicants must first complete the 2017-18 Free Application for Federal Student Aid (FAFSA). Applicants can access the FAFSA online at www.PHEAA.org/FAFSA or www.fafsa.gov. Completing the FAFSA online saves time and reduces application and processing errors.

Students and families with questions about the FAFSA or the State Grant Program can call 1-800-692-7392 for personal assistance.
                     
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