Bill 130586
Amending Chapter 19-1300 of The Philadelphia Code, entitled "Real Estate Taxes," by limiting the exemption of certain real estate taxes for improvements to, or construction of, certain real properties; all 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.
“Thank you, Mr. President. Let me be clear. My goal is not to end the tax abatement program. My goal is to modify it. But the opponents of this bill don't want it changed at all. I understand why. The tax abatement is not based on individual need. It is by right. And there has been no project-by-project analysis that proves that each tax abatement project required a ten-year, 100 percent abatement. Therefore, the modi…”
Councilman Goode · Stated Meeting, September 19, 2013 · Sep 19, 2013 · official transcript, this passage
Status timeline
- Sep 12, 2013Introduced and Referred · CITY COUNCIL
Official documents
Documents open on the City of Philadelphia’s legislative site.
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..Title Amending Chapter 19-1300 of The Philadelphia Code, entitled "Real Estate Taxes," by limiting the exemption of certain real estate taxes for improvements to, or construction of, certain real properties; all under certain terms and conditions. ..Body THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS: SECTION 1. Chapter 19-1300 of The Philadelphia Code is amended to read as follows: CHAPTER 19-1300. REAL ESTATE TAXES * * * §19-1303(2). Authorization to Offer Exemption from Real Estate Taxes on Improvements to Residential Properties. * * * D. Exemption Amount. (1) The exemption from real estate taxes shall be limited to that portion of the additional assessment attributable to the actual cost of improvements to eligible property. (a) The exemption from real estate taxes shall be limited [so] to that improvement for which an exemption has been requested in the manner set forth below, and for which a separate assessment has been made by the Board of Revision of Taxes. (2) The exemption from real estate taxes shall apply both to City and School District of Philadelphia taxes, provided that, with respect to applications for exemption filed on or after July 1, 2014, the exemption shall apply solely to City taxes. * * * §19-1303(4). Authorization to Offer Exemption from Real Estate Taxes on New Construction of Residential Properties. * * * D. Exemption Amount. (1) The exemption from real estate taxes shall be limited to that portion of the assessment valuation attributable to the cost of construction of the new eligible dwelling unit. (2) The exemption from real estate taxes shall be limited to that construction for which an exemption has been requested in the manner set forth below, and for which a separate assessment has been made by the Board of Revision of Taxes. (3) The exemption from real estate taxes shall apply both to City and School District of Philadelphia taxes, provided that, with respect to applications for exemption filed on or after July 1, 2014, the exemption shall apply solely to City taxes. * * * SECTION 2. This Ordinance shall take effect immediately. ___________________________________ Explanation: [Brackets] indicate matter deleted. Italics indicate new matter added. ..End