City of Philadelphia - File #: 110479

• File #: 110479
• Version: 0
• Type: Bill
• Status: LAPSED
• File created: 6/2/2011
• In control: Committee of the Whole
• Title: Amending Section 19-1301 of The Philadelphia Code, entitled "Real Estate Taxes," by revising the real estate tax rate, under certain terms and conditions.
• Sponsors: Councilmember Clarke
• Indexes: REAL ESTATE TAX
• Code sections: 19-1301 - Real Estate Taxes

Date	Ver.	Action By	Action	Result	Tally
6/16/2011	0	Committee of the Whole	HEARING HELD
6/16/2011	0	Committee of the Whole	RECESSED
6/10/2011	0	Committee of the Whole	HEARING NOTICES SENT
6/10/2011	0	Committee of the Whole	HEARING HELD
6/10/2011	0	Committee of the Whole	RECESSED
6/2/2011	0	CITY COUNCIL	Introduced and Referred	Pass

Title

Amending Section 19-1301 of The Philadelphia Code, entitled “Real Estate Taxes,” by revising the real estate tax rate, under certain terms and conditions.

Body

THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS:

SECTION 1.  Section 19-1301 of The Philadelphia Code is hereby amended to read as follows:

§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 through 2010                  $3.305

2011 [through 2012]                  $4.123

2012                              $4.473

2013 and each year thereafter            $3.305

*            *            *

___________________________________

Explanation:

[Brackets] indicate matter deleted.

Italics indicate new matter added.

End

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