header-left
File #: 240492    Version: Name:
Type: Bill Status: ENACTED
File created: 5/23/2024 In control: Committee of the Whole
On agenda: Final action: 6/6/2024
Title: Amending Section 19-1301.1 of The Philadelphia Code, entitled "Homestead Exclusion," to increase the amount of the homestead exclusion, under certain terms and conditions.
Sponsors: Council President Johnson, Councilmember Gilmore Richardson, Councilmember O'Neill
Attachments: 1. Bill No. 24049200, 2. Bill No. 240492, As Amended.pdf, 3. CertifiedCopy24049201
Date Ver.Action ByActionResultTallyAction DetailsMeeting DetailsVideo
6/14/20241 MAYOR SIGNED   Action details Meeting details Not available
6/13/20241 CITY COUNCIL READ AND PASSEDPass17:0 Action details Meeting details Not available
6/6/20241 CITY COUNCIL SUSPEND THE RULES OF THE COUNCIL   Action details Meeting details Not available
6/6/20241 CITY COUNCIL ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR   Action details Meeting details Not available
6/5/20240 Committee of the Whole     Not available Meeting details Not available
6/5/20240 Committee of the Whole     Not available Meeting details Not available
6/5/20240 Committee of the Whole     Not available Meeting details Not available
6/5/20240 Committee of the Whole     Not available Meeting details Not available
5/30/20240 Committee of the Whole     Not available Meeting details Not available
5/30/20240 Committee of the Whole     Not available Meeting details Not available
5/29/20240 Committee of the Whole     Not available Meeting details Not available
5/29/20240 Committee of the Whole     Not available Meeting details Not available
5/28/20240 Committee of the Whole HEARING NOTICES SENT   Action details Meeting details Not available
5/28/20240 Committee of the Whole Cancellation of Scheduled Public Hearing   Action details Meeting details Not available
5/23/20240 CITY COUNCIL Introduced and Referred   Action details Meeting details Not available

Title

Amending Section 19-1301.1 of The Philadelphia Code, entitled “Homestead Exclusion,” to increase the amount of the homestead exclusion, under certain terms and conditions.

 

Body

THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS:

 

SECTION 1.  Section 19-1301.1 of The Philadelphia Code is hereby amended to read as follows:

 

§ 19-1301.1. Homestead Exclusion.

 

*                     *                     *

 

 

                     (2.3)                     Commencing in tax year 2023, and continuing [thereafter,] through and including tax year 2024, a homestead exclusion is hereby provided in the amount of eighty thousand dollars ($80,000).

 

                     (2.4)           Commencing in tax year 2025, and continuing thereafter, a homestead exclusion is hereby provided in the amount of one hundred thousand dollars ($100,000).

 

 

*                     *                     *

 

End