Bill 000227
Amending Section 19-1303(2) of The Philadelphia Code, entitled "Authorization to Offer Exemption from Real Estate Taxes on Improvements to Residential Properties," by changing the exemption schedule for improvements to residential properties, under certain terms and conditions.
Introduced by
From the floor
Passages in the official transcripts that cite this file number. Every quote links to its exact place in the record.
“Aye. The ayes are 15, the nays are 1. A majority of all Members having voted in the affirmative, the bill passes. The record will reflect that Councilman O'Neill voted no. The next bill to be called for consideration is Bill No. 000227.”
Council President Verna · Stated Meeting, June 22, 2000 · Jun 22, 2000 · official transcript, this passage
Status timeline
- Apr 13, 2000Referred · CITY COUNCIL
- Apr 13, 2000Introduced · CITY COUNCIL
- Jun 14, 2000HEARING HELD · Committee on Finance
- Jun 14, 2000REPORTED FAVORABLY, RULE SUSPENSION REQUESTED · Committee on Finance
- Jun 15, 2000ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR · CITY COUNCIL
- Jun 15, 2000SUSPEND THE RULES OF THE COUNCIL · CITY COUNCIL
- Jun 15, 2000ORDERED PLACED ON NEXT WEEK`S SECOND READING CALENDAR · CITY COUNCIL
- Jun 22, 2000READ · CITY COUNCIL
- Jun 22, 2000PASSED · CITY COUNCIL
- Sep 12, 2000SIGNED · MAYOR
Official documents
Documents open on the City of Philadelphia’s legislative site.
Full text
Read the full text as published
..Title Amending Section 19-1303(2) of The Philadelphia Code, entitled "Authorization to Offer Exemption from Real Estate Taxes on Improvements to Residential Properties," by changing the exemption schedule for improvements to residential properties, under certain terms and conditions. ..Body THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS: SECTION 1. Section 19-1303(2) of The Philadelphia Code is hereby amended to read as follows: §19-1303(2). Authorization to Offer Exemption from Real Estate Taxes on Improvements to Residential Properties. * * * E. Exemption Schedule. (1) [For the first year for which improvements would otherwise be taxable, one hundred per cent of the eligible assessment shall be exempted; for the second year, ninety per cent of the eligible assessment shall be exempted; for the third through tenth years, eighty, seventy, sixty, fifty, forty, thirty, twenty, and ten per cent respectively, of the eligible assessment shall be exempted; after the tenth year, the exemption shall terminate. In the event, at the time of the filing of the application for abatement, a longer period is permitted by the appropriate act of the Pennsylvania Legislature, the eligible assessment shall be exempted for the longest specified period permitted.] The assessable amount of the improvement costs shall be exempted from real estate taxes for ten (10) years. The exemption shall commence for the first year for which improvements would otherwise be taxable. After the tenth year, the exemption shall terminate. * * * SECTION 2. Effective Date; Application. 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