PRINTER'S NO. 290
No. 258 Session of 1989
INTRODUCED BY J. L. WRIGHT, BILLOW, WASS, HERMAN, SEMMEL,
REINARD, HECKLER, JOHNSON, BARLEY, VEON, MERRY, GEIST,
BELFANTI AND MILLER, FEBRUARY 7, 1989
REFERRED TO COMMITTEE ON LOCAL GOVERNMENT, FEBRUARY 7, 1989
AN ACT
1 Amending the act of May 22, 1933 (P.L.853, No.155), entitled "An
2 act relating to taxation; designating the subjects, property
3 and persons subject to and exempt from taxation for all local
4 purposes; providing for and regulating the assessment and
5 valuation of persons, property and subjects of taxation for
6 county purposes, and for the use of those municipal and
7 quasi-municipal corporations which levy their taxes on county
8 assessments and valuations; amending, revising and
9 consolidating the law relating thereto; and repealing
10 existing laws," excluding cogeneration facilities and small
11 power production facilities in determining the value of real
12 estate.
13 The General Assembly of the Commonwealth of Pennsylvania
14 hereby enacts as follows:
15 Section 1. The act of May 22, 1933 (P.L.853, No.155), known
16 as The General County Assessment Law, is amended by adding a
17 section to read:
18 Section 207. Cogeneration and Small Power Facilities.--A
19 cogeneration or small power production facility, including a
20 plant, installation or other structure whose primary purpose is
21 the sequential production of electricity and steam or other
22 forms of useful energy which are used for industrial,
1 commercial, heating or cooling purposes; and which is designated
2 by the Federal Energy Regulatory Commission, as a "qualifying
3 facility" pursuant to the Public Utility Regulatory Policies Act
4 of 1978 (Public Law 95-617, 16 U.S.C. § 2601 et seq.) shall be
5 excluded from the determination of value of real estate. The
6 Chairman of the Pennsylvania Public Utility Commission, in
7 consultation with the Secretary of Revenue, shall adopt rules
8 and regulations establishing specifications for eligibility for
9 the exemption provided in this section.
10 Section 2. This act shall apply to valuations for taxes
11 levied for calendar or fiscal year beginning on or after January
12 1, 1988.
13 Section 3. This act shall take effect in 60 days.
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