Official:Amending Chapter 19-500 of The Philadelphia Code, entitled "Taxes and Rents-General," by providing for uniform time limitations on collections, examinations and assessments, under certain terms and conditions.
Sponsor: Councilmember Nutter
Introduced: January 22, 2004
Signed: May 31, 2004
: Committee of the Whole
Status: Signed into Law, step 4 of 4
This bill amends the Realty Transfer Tax law to include deeds in lieu of foreclosure as a definition of 'Value' for tax purposes, starting January 1, 2005.
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