City of Philadelphia - File #: 130163

• File #: 130163
• Version: 0
• Type: Bill
• Status: LAPSED
• File created: 3/7/2013
• In control: Committee of the Whole
• Title: Amending Title 19 of The Philadelphia Code, entitled "Finance, Taxes and Collections," by amending Chapter 19-1300 of The Philadelphia Code, entitled "Real Estate Taxes," by providing for certain deferrals of payment of a certain portion of Real Estate Taxes due the City of Philadelphia or the Philadelphia School District, for owner-occupied properties that are the owner's primary residence, with a limitation of five years.
• Sponsors: Councilmember Oh, Councilmember Johnson
• Indexes: REAL ESTATE TAX, SCHOOL DISTRICT OF PHILADELPHIA
• Code sections: 19-1300 - Real Estate Taxes, Title 19 - FINANCE, TAXES AND COLLECTIONS

Date	Ver.	Action By	Action	Result	Tally
6/19/2013	0	Committee of the Whole	RECESSED
6/12/2013	0	Committee of the Whole	HEARING NOTICES SENT
6/12/2013	0	Committee of the Whole	RECESSED
6/5/2013	0	Committee of the Whole	HEARING NOTICES SENT
6/5/2013	0	Committee of the Whole	RECESSED
5/29/2013	0	Committee of the Whole	RECESSED
5/29/2013	0	Committee of the Whole	HEARING NOTICES SENT
5/28/2013	0	Committee of the Whole	RECESSED
5/28/2013	0	Committee of the Whole	HEARING NOTICES SENT
5/22/2013	0	Committee of the Whole	RECESSED
5/20/2013	0	Committee of the Whole	RECESSED
5/15/2013	0	Committee of the Whole	RECESSED
5/8/2013	0	Committee of the Whole	HEARING HELD
5/8/2013	0	Committee of the Whole	RECESSED
5/1/2013	0	Committee of the Whole	HEARING HELD
5/1/2013	0	Committee of the Whole	RECESSED
4/30/2013	0	Committee of the Whole	HEARING HELD
4/30/2013	0	Committee of the Whole	RECESSED
4/29/2013	0	Committee of the Whole	HEARING NOTICES SENT
4/29/2013	0	Committee of the Whole	HEARING HELD
4/29/2013	0	Committee of the Whole	RECESSED
4/29/2013	0	Committee of the Whole	HEARING HELD
4/29/2013	0	Committee of the Whole	RECESSED
4/24/2013	0	Committee of the Whole	HEARING HELD
4/24/2013	0	Committee of the Whole	RECESSED
4/23/2013	0	Committee of the Whole	HEARING NOTICES SENT
3/7/2013	0	CITY COUNCIL	Introduced and Referred	Pass

Title
Amending Title 19 of The Philadelphia Code, entitled "Finance, Taxes and Collections," by amending Chapter 19-1300 of The Philadelphia Code, entitled "Real Estate Taxes," by providing for certain deferrals of payment of a certain portion of Real Estate Taxes due the City of Philadelphia or the Philadelphia School District, for owner-occupied properties that are the owner's primary residence, with a limitation of five years.

Body
WHEREAS, The Actual Value Initiative is being implemented, providing more straight-forward assessments of real estate based on actual current market values, which in itself will make the system for the taxation of real estate more fair; but

WHEREAS, In a number of instances unexpectedly large increases in real estate assessments and resulting taxes due within a year make personal financial planning for the increases more difficult and have the potential to create personal hardships upon homeowners; now, therefore


THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS:


SECTION 1. Title 19 of The Philadelphia Code, entitled "Finance, Taxes and Collections," is hereby amended by adding a new subsection to Section 19-1307, entitled "Deferrals of Real Estate Tax," to read as follows:



TITLE 19. FINANCE, TAXES AND COLLECTIONS.


* * *


CHAPTER 19-1300. REAL ESTATE TAXES.


* * *


§ 19-1307. Deferrals of Real Estate Tax.
(1) Standard Deferrals.
[(1)] (a) The Department of Revenue is authorized to grant deferrals, in whole or in part, of increases in Real Estate Taxes, that may be due the City of Philadelphia or the School District of Philadelphia, upon making a determination of the eligibility for deferral of a property owner.
[(2)] (b) Eligibility for a deferral of payment of an increase in real estate taxes may be granted for any increase, or portion thereof, of Real Estate Taxes due to an increase in assessed value of real estate, that is greater than fifteen percent (15%), in any given yea...