Title
Amending Chapter 19-3900 of The Philadelphia Code, entitled "Tax Exemptions for Longtime Owner-Occupants of Residential Properties," to revise the standards for eligibility and the benefit determination, under certain terms and conditions.
Body
SECTION 1. Chapter 19-3900 of The Philadelphia Code is hereby amended to read as follows:
CHAPTER 19-3900. TAX EXEMPTIONS FOR LONGTIME OWNER-OCCUPANTS OF RESIDENTIAL PROPERTIES.
? 19-3901. Declaration of Policy.
The Council of the City of Philadelphia has determined that:
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4. Beginning with assessments performed in calendar year 2018 for tax year 2019, because of changes in market conditions, properties that experience a fifty percent (50%) or greater increase in certified market value, from one year to the next, are deemed to have experienced an increase in market value as a consequence of the refurbishing or renovating of other residences or the construction of new residences in the area surrounding the property.
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? 19-3903. Eligibility for Exemption of Real Property Taxes.
(1) Real property shall be eligible for the exemptions provided for under this Chapter if it meets all of the following conditions:
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(e) (.1) For applications filed in or before calendar year 2018: The property has not previously received an abatement of taxes under ? 19-1303(2), ? 19-1303(3), ? 19-1303(4) or ? 19-1303(5). For applications filed in or after calendar year 2019: The property has not received an abatement of taxes under ? 19-1303(2), ? 19-1303(3), ? 19-1303(4) or ? 19-1303(5) during the time in which the property was owned by the current owner or, where the owner qualifies as an owner under ? 19-3903(3)(d) or (e), during the time in which the property was owned by the spouse, life partner, parent, stepparent, child, brother, sister, aunt, uncle, grandparent or step-grandparent from whom the current owner acquired the property.
(.2) This condition of eligibilit...
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