Amending Title 19 of The Philadelphia Code ("Finance, Taxes and Collections"), by amending Chapter 19-1400 ("Realty Transfer Tax") to clarify that the definition of value in Section 19-1402(14)(b) includes a deed in lieu of foreclosure as well as the foreclosure of a mortgage by a judicial officer.

Amending Title 19 of The Philadelphia Code ("Finance, Taxes and Collections"), by amending Chapter 19-1400 ("Realty Transfer Tax") to clarify that the definition of value in Section 19-1402(14)(b) includes a deed in lieu of foreclosure as well as the foreclosure of a mortgage by a judicial officer. — Open Common Ground