Official:Amending Chapter 19-1300 of The Philadelphia Code, entitled "Real Estate Taxes," by authorizing the assignment or transfer to third-parties, real estate tax claims either absolutely or as collateral security, for an amount to be determined by the Department, all under certain terms and conditions.
Sponsor: Councilmember Green
Introduced: June 13, 2013
Signed: October 24, 2013
: Committee on Finance
Status: Signed into Law, step 4 of 4
This bill allows the Philadelphia Department to assign or transfer real estate tax claims to third-party companies for a determined amount, with certain conditions.
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