A State Representative out of Allegheny County wants to return extra cash to Pennsylvania taxpayers.
Republican Valerie Gaydos has introduced a bill to establish “the Taxpayer Surplus Refund Program.”
It would return excess revenue back to taxpayers through a one-time refund.
Rep. Gaydos says the legislation is in response to a budget surplus over the past few years and a growing Rainy Day Fund in PA.
“Over the past several fiscal years, Pennsylvania has worked hard to create a substantial surplus” said Gaydos. “Rather than use these funds to create new, unsustainable government programs that would burden taxpayers for years to come, we should return the surplus to the Pennsylvania taxpayers
Gaydos says she is critical of Democratic Governor Josh Shapiro’s proposal to use the surplus to fund other programs.
“It is fiscally irresponsible to use a one-time budget surplus to create new and recurring obligations the state cannot sustain long term. That’s how you end up with future debt, tax increases and a bloated government. Taxpayers deserve their money back to do as they please,” said Gaydos.
If the governor won’t safeguard our reserves, then we should return them to taxpayers, who can use the money for their own emergencies,” added Gaydos.
The bill is waiting for committee referral.