Section 1904-A. Duration of Tax-Neutral Assessed Value.--The tax-neutral assessed value of the homestead shall continue in effect until the earlier of:
(1) the first year the owner of the homestead fails to meet the requirements to receive a property tax rebate under the act of March 11, 1971 (P.L.104, No.3), known as the "Senior Citizens Rebate and Assistance Act"; or
(2) the date of the sale or transfer of the property to a person other than the spouse of the qualified owner-occupant.
(1904-A added June 8, 2001, P.L.114, No.16)