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File #: 240660    Version: 0 Name:
Type: Bill Status: IN COMMITTEE
File created: 9/5/2024 In control: Committee on Finance
On agenda: Final action:
Title: Amending Section 19-1301.2 of The Philadelphia Code, entitled "Homestead Exclusion," to revise the deadline by which applications for designation of property as homestead property are due, and making conforming changes, all under certain terms and conditions.
Sponsors: Council President Johnson, Councilmember Gauthier
Indexes: HOMESTEAD EXCLUSION
Code sections: 19-1301.1 - Homestead Exclusion
Attachments: 1. Bill No. 24066000
Title
Amending Section 19-1301.2 of The Philadelphia Code, entitled "Homestead Exclusion," to
revise the deadline by which applications for designation of property as homestead property are due, and making conforming changes, all under certain terms and conditions.


Body
THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS:

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

TITLE 19. FINANCE, TAXES AND COLLECTIONS

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CHAPTER 19-1300. REAL ESTATE TAXES

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? 19-1301.2. Homestead Exclusion.

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(4) Administration and procedure.
(a) Except as otherwise provided in this subsection, no later than [September 13] December 1 of the year prior to the year in which the tax is due, the owner or owners of real property may apply to the OPA for designation of property as homestead property. Such application shall be in such form as the OPA shall prescribe, consistent with any form mandated by the Department of Community and Economic Development.
(.1) In the event that a property transfer takes place after the deadline specified in subsection (4)(a) or within 30 days prior to such deadline, the owner or owners of real property may apply to the OPA for a designation of the property as homestead property within 30 days of the date on which said property is transferred into the new owner or owners' name(s), provided that such application is received by OPA no later than [December 1] December 31 of the year prior to the year in which the tax is due.
(.2) With respect to applications received by the OPA pursuant to subsection (.1), if it is impracticable for the Department to include the homestead exclusion in the tax bill, the taxpayer shall pay the full amount set forth in the tax bill and the Department, by no later than May 31 of the tax year, shall refund to the taxpayer the amount of tax subject to the homestead exclusion. No refund application shall be required.
(.3) The OPA is author...

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