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CommunicationPLACED ON FILECeremonial

Communication 000388

Transmitting a bill amending Title 19 of The Philadelphia Code ("Finance, Taxes and Collections"), by amending Chapter 19-1400 ("Realty Transfer Tax") to clarify that the definition of value in Section 19-1402(14)(b) includes a deed in lieu of foreclosure as well as the foreclosure of a mortgage by a judicial officer, accompanied by an explanatory letter from the Revenue Commissioner.

Introduced May 18, 2000CITY COUNCILOfficial record: City of Philadelphia via Legistar

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  1. May 18, 2000READ · CITY COUNCIL

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..Title Transmitting a bill amending Title 19 of The Philadelphia Code ("Finance, Taxes and Collections"), by amending Chapter 19-1400 ("Realty Transfer Tax") to clarify that the definition of value in Section 19-1402(14)(b) includes a deed in lieu of foreclosure as well as the foreclosure of a mortgage by a judicial officer, accompanied by an explanatory letter from the Revenue Commissioner.