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BillLAPSED

Bill 030014

Amending Section 19-1301 of The Philadelphia Code, entitled "Real Estate Taxes," by providing that the taxes levied on a property under that section shall not increase in any one year by more than a specified percentage as the result of an increase in the assessed value of the property as returned by the Board of Revision of Taxes, under certain terms and conditions.

Introduced Jan 28, 2003Committee on FinanceOfficial record: City of Philadelphia via Legistar

Introduced by

Councilmember NutterCouncilmember DiCiccoCouncilmember OrtizCouncilmember Tasco

From the floor

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

  1. The ayes have it, and the bills just read will be placed today's First Reading Calendar. Bill Nos. 030161, 030162, 030164, 030217 and 030219 will be placed on the First Reading Calendar for our next Session of Council. That concludes the reports from committees. Council will now proceed under a special order of business to the reconsideration of Bill No. 030014. This bill was passed by the Council at its April 3, 200…

    Council President Verna · Stated Meeting, May 1, 2003 · May 1, 2003 · official transcript, this passage

  2. Thank you, Madam President. I move that Council reconsider Bill No. 030014 which was approved by Council on April 3, 2003.

    Councilman Nutter · Stated Meeting, May 1, 2003 · May 1, 2003 · official transcript, this passage

  3. The ayes have it the motion carries. Council will now consider the vote by which Bill No. 030014 was passed. The Chief Clerk read the title of the bill. THE

    Councilwoman Verna · Stated Meeting, May 1, 2003 · May 1, 2003 · official transcript, this passage

  4. Bill No. 030014, an ordinance amending Section 19-1301 of the Philadelphia Code entitled "Real Estate Taxes," by providing that the taxes levied on a property under that section shall not increase in any one year by more than a specific percentage as the result of an increase in the assessed value of the property as returned by the Board of Revision of Taxes, under terms and conditions.

    Chief Clerk · Stated Meeting, May 1, 2003 · May 1, 2003 · official transcript, this passage

  5. You're welcome. This bill having been read on two different days, was duly approved by City Council on April 3, 2003, and was returned to the Council by the Mayor as disapproved at the April 25, 2003 Session of Council. The question is shall Bill No. 030014 pass, notwithstanding the Mayor's disapproval? Please note that a aye is a vote to override the Mayor's veto. A vote of no is a vote to sustain the Mayor's veto.…

    Councilwoman Verna · Stated Meeting, May 1, 2003 · May 1, 2003 · official transcript, this passage

  6. To the President and Members of the Council of the City of Philadelphia, I am pleased to advise you that on April 24th, I signed all the bills that were passed at its Council Session on April the 3rd except 030014, 030073, 030015. And I am pleased advise you that on April the 24th, I signed all the bills that passed Council at its Session on April the 10th except 030123, 030138. And I am herewith returning to you uns…

    Chief Clerk · Stated Meeting, April 25, 2003 · Apr 25, 2003 · official transcript, this passage

Status timeline

  1. Jan 28, 2003Referred · CITY COUNCIL
  2. Jan 28, 2003Introduced · CITY COUNCIL
  3. Mar 19, 2003HEARING NOTICES SENT · Committee on Finance
  4. Mar 19, 2003HEARING HELD · Committee on Finance
  5. Mar 19, 2003REPORTED FAVORABLY, RULE SUSPENSION REQUESTED · Committee on Finance
  6. Mar 20, 2003ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR · CITY COUNCIL
  7. Mar 20, 2003SUSPEND THE RULES OF THE COUNCIL · CITY COUNCIL
  8. Mar 20, 2003ORDERED PLACED ON NEXT WEEK`S SECOND READING CALENDAR · CITY COUNCIL
  9. Apr 3, 2003READ · CITY COUNCIL
  10. Apr 3, 2003PASSED · CITY COUNCIL
  11. Apr 24, 2003VETOED · MAYOR
  12. May 1, 2003READ · CITY COUNCIL
  13. May 1, 2003RECONSIDERED · CITY COUNCIL
  14. May 1, 2003FAILED · CITY COUNCIL

Official documents

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

Full text

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..Title Amending Section 19-1301 of The Philadelphia Code, entitled "Real Estate Taxes," by providing that the taxes levied on a property under that section shall not increase in any one year by more than a specified percentage as the result of an increase in the assessed value of the property as returned by the Board of Revision of Taxes, under certain terms and conditions. ..Body THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS: SECTION 1. Section 19-1301 of The Philadelphia Code, entitled "Real Estate Taxes," is hereby amended to read as follows: §19-1301. Real Estate Taxes. * * * (8) For the year 2003, a [A] tax is hereby levied on [each one hundred dollars ($100) of the assessed value of] taxable real property [returned by the Board of Revision of Taxes in the preceding year] at the rate of three (3) dollars and forty-seven and four-tenths (47.4) cents [for the year 2003 and thereafter.] for each one hundred dollars ($100) of the Taxable Assessed Value of the property, calculated as follows: (a) For tax year 2003, "Taxable Assessed Value" shall equal the lesser of (i) the assessed value of a property as returned by the Board of Revision of Taxes during 2002, or (ii) the sum of 110% of the assessed value of the property as returned by the Board of Revision of Taxes during 2001 plus any increase in the assessed value of the property as returned by the Board of Revision of Taxes during 2002 that is solely attributable to the construction of new buildings or structures or to new improvements made to existing buildings and structures. (b) Nothing in this subsection (8) shall affect the manner in which any eligible property is afforded a tax abatement authorized by any other provision of this Code, and the Board of Revision of Taxes shall continue to administer the abatement programs in the same manner in which it currently administers those programs. The Board of Revision of Taxes and the Department of Revenue shall promulgate any necessary regulations to effectuate Council's intent as expressed in this subsection. (9) For the year 2004 and thereafter, a tax is hereby levied on each one hundred dollars ($100) of the assessed value of taxable real property returned by the Board of Revision of Taxes in the preceding year at the rate of three (3) dollars and forty-seven and four-tenths (47.4) cents. ----------------------------------- Explanation: [Brackets] indicate matter deleted. Italics indicate new matter added. ..End ??