City of Philadelphia - File #: 080723

• File #: 080723
• Version: 0
• Type: Bill
• Status: LAPSED
• File created: 9/25/2008
• In control: Committee on Finance
• Title: Amending Chapter 19-1300 of The Philadelphia Code, entitled "Real Estate Taxes," to provide for a homestead exemption with respect to City real property tax, under certain terms and conditions.
• Sponsors: Councilmember Clarke, Councilmember DiCicco, Councilmember Kelly, Councilmember Kelly, Councilmember O'Neill, Councilmember O'Neill, Councilmember Miller, Councilmember Miller, Councilmember Tasco, Councilmember Tasco, Councilmember Krajewski, Councilmember Krajewski, Councilmember Greenlee, Councilmember Greenlee, Councilmember Blackwell, Councilmember Blackwell, Councilmember Kenney, Councilmember Kenney, Councilmember Reynolds Brown, Councilmember Reynolds Brown, Councilmember Jones, Councilmember Jones, Councilmember Rizzo, Councilmember Rizzo
• Indexes: REAL ESTATE TAX
• Code sections: 19-1300 - Real Estate Taxes, 19-1301 - Real Estate Taxes

Date	Ver.	Action By	Action	Result	Tally
9/25/2008	0	CITY COUNCIL	Referred
9/25/2008	0	CITY COUNCIL	Introduced	Pass

Title
Amending Chapter 19-1300 of The Philadelphia Code, entitled "Real Estate Taxes," to provide for a homestead exemption with respect to City real property tax, 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.


§19-1301. Real Estate Taxes.

(1) For each of the following years, a tax is hereby levied at the following respective rates on each one hundred (100) dollars of the assessed value of taxable real property returned by the Board of Revision of Taxes in the year immediately preceding the stated year:


Year of Tax Tax Rate

* * * * * *

2008 and each year
thereafter $3.305


§19-1301.1 Homestead Exclusion.

(1) For purposes of this Section, the following terms have the following meanings:

(a) "Homestead property" shall mean a dwelling, including the parcel of land on which the dwelling is located and the other improvements located on the parcel, for which any of the following apply, as determined by the Board of Revision of Taxes upon application of the property owner:

(.1) The dwelling is primarily used as the domicile of an owner who is a natural person. "Homestead property" shall not include the land on which the dwelling is located if the land is not owned by a person who owns the dwelling.

(.2) The dwelling is a unit in a condominium as the term is defined in 68 Pa. C.S. § 3103 (relating to definitions) and the unit is primarily used as the domicile of a natural person who is an owner of the unit; or the dwelling is a unit in a cooperative as the term is defined in 68 Pa. C.S. § 4103 (relating to definitions) and the unit is primarily used as the domicile of a natural person who is an owner of the unit. The homestead for a unit in a condominium or a cooperative shall be limited to the assessed value of ...