This bill aims to extend a tax provision to trusts that own property for the benefit of a low-income senior citizen, under certain conditions. The provision is intended to help eligible seniors with their property taxes. This change would affect low-income senior citizens who own property through a trust.

Amending Chapter 19-2900 of The Philadelphia Code, entitled "Senior Citizen Low Income Special Tax Provisions," to extend the tax provision to trusts that own property for the benefit of a natural person, all under certain conditions.