Rendell vetoes bill to stop 'spot assessments'

October 20, 2008 8:06:44 AM PDT
Pennsylvania's governor has vetoed another bill intended to prevent new owners of homes and other properties from being hit with higher taxes. Gov. Ed Rendell late Friday vetoed a bill that would have limited the power of municipalities and school districts to appeal for an increase in a property's assessed value if a sale reveals a dramatically higher market value.

The measure would have applied to all but two of the state's 67 counties.

Rendell says that when some property owners pay less than their fair share, others are forced to pay at higher rates. He rejected two similar measures in July.