Title
Amending Chapter 19-1300 of The Philadelphia Code, entitled "Real Estate Taxes," by providing for hardship deferrals for taxpayers experiencing extraordinary increases in their real estate taxes, 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
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ยง 19-1307.1 Deferrals Due to Extraordinary Tax Increases.
(1) For purposes of this Section:
(a) Eligible Taxpayer shall mean a Taxpayer whose household income does not exceed 160% of Area Median Income for the Philadelphia metropolitan area, as determined by the United States Department of Housing and Urban Development.
(b) Deferral Amount shall mean, for any given tax year, the lesser of (i) the amount of real estate tax on a property for tax year 2014 minus two and a half (2.5) times the amount of real estate tax on the property for tax year 2013; and (ii) the amount of real estate tax on a property for the given tax year minus two and a half (2.5) times the amount of real estate tax on the property for tax year 2013; provided that the Deferral Amount shall never be less than zero.
(.1) For purposes of calculating real estate tax on the property for tax year 2013, any abatements for calendar year 2013 pursuant to Section 19-1303(2), (3), (4) or (5) or otherwise shall be disregarded.
(.2) For purposes of calculating real estate tax on the property for tax year 2014, any tax attributable to improvements made in calendar year 2013 or 2014 shall be disregarded.
(c) Record Owner shall mean:
(.1) The owner of record, as recorded with the Department of Records; or
(.2) Where the owner of record either is deceased or cannot be located, a person who has registered his or her name with the Department as the person to whom tax bills should be sent and who has been paying such bills fo...
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