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BillENACTED

Bill 000226

Amending Section 19-1303(4) of The Philadelphia Code, entitled "Authorization to Offer Exemption from Real Estate Taxes on New Construction of Residential Properties," by changing the exemption schedule for new construction of residential properties, and repealing Bill No. 970214 (approved December 9, 1999), which also amended Section 19-1303(4), but has not yet taken effect, all under certain terms and conditions.

Introduced Apr 13, 2000Committee on FinanceOfficial record: City of Philadelphia via Legistar

Introduced by

Councilmember DiCicco

From the floor

Passages in the official transcripts that cite this file number. Every quote links to its exact place in the record.

  1. “Aye. The ayes are 16, the nays are 0. A majority of all Members having voted in the affirmative, the bill passes. The next bill to be called for consideration is Bill No. 000226.”

    Council President Verna · Stated Meeting, June 22, 2000 · Jun 22, 2000 · official transcript, this passage

Status timeline

  1. Apr 13, 2000Introduced · CITY COUNCIL
  2. Apr 13, 2000Referred · CITY COUNCIL
  3. Jun 14, 2000HEARING HELD · Committee on Finance
  4. Jun 14, 2000REPORTED FAVORABLY, RULE SUSPENSION REQUESTED · Committee on Finance
  5. Jun 15, 2000ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR · CITY COUNCIL
  6. Jun 15, 2000SUSPEND THE RULES OF THE COUNCIL · CITY COUNCIL
  7. Jun 15, 2000ORDERED PLACED ON NEXT WEEK`S SECOND READING CALENDAR · CITY COUNCIL
  8. Jun 22, 2000READ · CITY COUNCIL
  9. Jun 22, 2000PASSED · CITY COUNCIL
  10. Sep 12, 2000SIGNED · MAYOR

Official documents

Documents open on the City of Philadelphia’s legislative site.

Full text

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..Title Amending Section 19-1303(4) of The Philadelphia Code, entitled "Authorization to Offer Exemption from Real Estate Taxes on New Construction of Residential Properties," by changing the exemption schedule for new construction of residential properties, and repealing Bill No. 970214 (approved December 9, 1999), which also amended Section 19-1303(4), but has not yet taken effect, all under certain terms and conditions. ..Body THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS: SECTION 1. Section 19-1303(4) of The Philadelphia Code is hereby amended to read as follows: §19-1303(4). Authorization to Offer Exemption from Real Estate Taxes on New Construction of Residential Properties. * * * E. Exemption Schedule. (1) One hundred percent of the assessable amount of the construction costs shall be exempted from real estate taxes for [thirty-six (36) consecutive months (the three (3) full years)] a period of ten years immediately following the date on which settlement is made, and a required certificate of use and occupancy is issued on an eligible dwelling unit. After the [third] tenth year, the exemption shall terminate. * * * SECTION 2. Bill No. 970214 (approved December 9, 1999), entitled "An Ordinance amending Section 19-1303(4) of The Philadelphia Code, entitled 'Authorization to Offer Exemption from Real estate Taxes on New Construction of Residential Properties,' by changing the period of the exemption from three years to ten years, under certain terms and conditions," which has not yet taken effect, is hereby repealed. SECTION 3. Effective Date; Application. Section 2 of this Ordinance shall take effect immediately. Section 1 of this Ordinance shall take effect upon the effective date of state legislation enacted subsequent to the enactment of this Ordinance authorizing this Ordinance, and shall apply only to exemptions for which application is made to the Board of Revision of Taxes on or after such effective date. ___________________________________ Explanation: [Brackets] indicate matter deleted. Italics indicate new matter added. ..End