PRINTER'S NO. 289
No. 257 Session of 1989
INTRODUCED BY J. L. WRIGHT, BILLOW, WASS, HERMAN, SEMMEL,
REINARD, HECKLER, JOHNSON, BARLEY, VEON, MERRY, NOYE, GEIST,
BELFANTI AND MILLER, FEBRUARY 7, 1989
REFERRED TO COMMITTEE ON LOCAL GOVERNMENT, FEBRUARY 7, 1989
AN ACT
1 Amending the act of May 21, 1943 (P.L.571, No.254), entitled, as
2 amended, "An act relating to assessment for taxation in
3 counties of the fourth, fifth, sixth, seventh and eighth
4 classes; designating the subjects, property and persons
5 subject to and exempt from taxation for county, borough,
6 town, township, school, except in cities and county
7 institution district purposes; and providing for and
8 regulating the assessment and valuation thereof for such
9 purposes; creating in each such county a board for the
10 assessment and revision of taxes; defining the powers and
11 duties of such boards; providing for the acceptance of this
12 act by cities; regulating the office of ward, borough, town
13 and township assessors; abolishing the office of assistant
14 triennial assessor in townships of the first class; providing
15 for the appointment of a chief assessor, assistant assessors
16 and other employes; providing for their compensation payable
17 by such counties; prescribing certain duties of and certain
18 fees to be collected by the recorder of deeds and municipal
19 officers who issue building permits; imposing duties on
20 taxables making improvements on land and grantees of land;
21 prescribing penalties; and eliminating the triennial
22 assessment," excluding cogeneration facilities and small
23 power production facilities in determining the value of real
24 estate.
25 The General Assembly of the Commonwealth of Pennsylvania
26 hereby enacts as follows:
27 Section 1. The act of May 21, 1943 (P.L.571, No.254), known
28 as The Fourth to Eighth Class County Assessment Law, is amended
1 by adding a section to read:
2 Section 205. Cogeneration and Small Power Facilities.--A
3 cogeneration or small power production facility, as those terms
4 are defined in the Public Utility Regulatory Policies Act of
5 1978 (Public Law 95-617, 16 U.S.C. § 2601 et seq.) which is a
6 "qualifying facility" pursuant to the rules and regulations of
7 the Federal Energy Regulatory Commission shall be excluded from
8 the determination of value of real property. The Chairman of the
9 Pennsylvania Public Utility Commission, in consultation with the
10 Secretary of Revenue, shall adopt rules and regulations
11 establishing specifications for eligibility for the exemption
12 provided in this section.
13 Section 2. This act shall apply to valuations for taxes
14 levied for the calendar or fiscal year beginning on or after
15 January 1, 1990.
16 Section 3. This act shall take effect in 60 days.
L13L53DGS/19890H0257B0289 - 2 -