City of Philadelphia - File #: 020077

• File #: 020077
• Version: 0
• Type: Bill
• Status: LAPSED
• File created: 2/14/2002
• In control: Committee on Finance
• Title: Amending Section 19-1303(5) of The Philadelphia Code, entitled "Authorization to Offer Exemptions from Real Estate Taxes on Improvements to Convert Deteriorated Industrial, Commercial or Other Business Property to Commercial Residential Use," by deleting the "sunset" provision under which the provisions of that Section are scheduled to terminate on June 30, 2002, under certain terms and conditions.
• Sponsors: Councilmember DiCicco
• Indexes: REAL ESTATE TAX
• Code sections: 19-1303(5) - Authorization to Offer Exemptios from Real Estate Taxes on Improvements to Convert Deteriorated Industrial, Comercial or Other Business Property to Commercial Residential Use

Date	Ver.	Action By	Action	Result	Tally
3/6/2002	0	Committee on Finance	HEARING NOTICES SENT
3/6/2002	0	Committee on Finance	HEARING HELD
3/6/2002	0	Committee on Finance	RECESSED
2/14/2002	0	CITY COUNCIL	Referred
2/14/2002	0	CITY COUNCIL	Introduced	Pass

Title

Amending Section 19-1303(5) of The Philadelphia Code, entitled "Authorization to Offer Exemptions from Real Estate Taxes on Improvements to Convert Deteriorated Industrial, Commercial or Other Business Property to Commercial Residential Use," by deleting the "sunset" provision under which the provisions of that Section are scheduled to terminate on June 30, 2002, under certain terms and conditions.

Body

THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS:

      SECTION 1.      Section 19-1303(5) of The Philadelphia Code is hereby amended to read as follows:

§19-1303(5).      Authorization to Offer Exemptions from Real Estate Taxes on Improvements to Convert Deteriorated Industrial, Commercial or Other Business Property to Commercial Residential Use.

*      *      *

      [H.      Termination Date.  The provisions of this Section shall terminate as of June 30, 2002.  Any application for exemption received after June 30, 2002 shall be ineffective.]

      SECTION 2.      This Ordinance shall take effect immediately.

End