HOUSE AMENDED
PRIOR PRINTER'S NO. 1626 PRINTER'S NO. 2134
No. 1271 Session of 2000
INTRODUCED BY SALVATORE, LEMMOND, KASUNIC, KITCHEN, THOMPSON,
CONTI, TARTAGLIONE, WAGNER AND RHOADES, JANUARY 31, 2000
AS REPORTED FROM COMMITTEE ON URBAN AFFAIRS, HOUSE OF
REPRESENTATIVES, AS AMENDED, SEPTEMBER 25, 2000
AN ACT
1 Amending the act of July 9, 1971 (P.L.206, No.34), entitled, as
2 reenacted and amended, "An act authorizing local taxing
3 authorities to provide for tax exemption for certain
4 improvements to deteriorated dwellings and for improvement of
5 deteriorating areas by the construction of new dwelling
6 units; and providing for exemption schedules and other
7 limitations," further providing for exemption schedules; and
8 making an editorial change.
9 The General Assembly of the Commonwealth of Pennsylvania
10 hereby enacts as follows:
11 Section 1. Section SECTIONS 203(A) AND 303(a) of the act of <--
12 July 9, 1971 (P.L.206, No.34), known as the Improvement of
13 Deteriorating Real Property or Areas Tax Exemption Act,
14 reenacted and amended August 5, 1977 (P.L.167, No.42), is ARE <--
15 amended to read:
16 SECTION 203. EXEMPTION SCHEDULES; MAXIMUM EXEMPTION.--(A) A <--
17 LOCAL TAXING AUTHORITY GRANTING A TAX EXEMPTION PURSUANT TO THE
18 PROVISIONS OF THIS ARTICLE MAY PROVIDE FOR TAX EXEMPTION ON THE
19 ASSESSMENT ATTRIBUTABLE TO THE ACTUAL COST OF IMPROVEMENTS UP TO
1 THE MAXIMUM COST PER DWELLING UNIT HEREIN SPECIFIED OR UP TO ANY
2 LESSER MULTIPLE OF ONE THOUSAND DOLLARS ($1,000). IF A LOCAL
3 TAXING AUTHORITY BY ORDINANCE OR RESOLUTION SPECIFIES A LESSER
4 COST THAN THE MAXIMUM PROVIDED BY THIS ACT, SUCH AMOUNT SHALL
5 NOT BE INCREASED BY ANY SUBSEQUENT ORDINANCE OR RESOLUTION FOR A
6 PERIOD OF TWO YEARS, NOR SHALL THE SCHEDULE OF TAXES EXEMPTED BE
7 CHANGED FOR SUCH PERIOD. WHETHER OR NOT THE ASSESSMENT ELIGIBLE
8 FOR EXEMPTION IS BASED UPON A MAXIMUM COST OR A LESSER COST, THE
9 ACTUAL AMOUNT OF TAXES EXEMPTED SHALL BE IN ACCORDANCE WITH ONE
10 OF THE FOLLOWING SCHEDULES:
11 (1) FOR THE FIRST YEAR FOR WHICH IMPROVEMENTS WOULD
12 OTHERWISE BE TAXABLE, ONE HUNDRED PER CENT OF THE ELIGIBLE
13 ASSESSMENT SHALL BE EXEMPTED; FOR THE SECOND YEAR, NINETY PER
14 CENT OF THE ELIGIBLE ASSESSMENT SHALL BE EXEMPTED; FOR THE THIRD
15 THROUGH TENTH YEARS, EIGHTY, SEVENTY, SIXTY, FIFTY, FORTY,
16 THIRTY, TWENTY, AND TEN PER CENT, RESPECTIVELY, OF THE ELIGIBLE
17 ASSESSMENT SHALL BE EXEMPTED; AFTER THE TENTH YEAR, THE
18 EXEMPTION SHALL TERMINATE;
19 (2) FOR THE FIRST YEAR FOR WHICH IMPROVEMENTS WOULD
20 OTHERWISE BE TAXABLE, ONE HUNDRED PER CENT OF THE ELIGIBLE
21 ASSESSMENT SHALL BE EXEMPTED; FOR THE SECOND YEAR, EIGHTY PER
22 CENT OF THE ELIGIBLE ASSESSMENT SHALL BE EXEMPTED; FOR THE THIRD
23 THROUGH FIFTH YEARS, SIXTY, FORTY, AND TWENTY PER CENT,
24 RESPECTIVELY, OF THE ELIGIBLE ASSESSMENT SHALL BE EXEMPTED;
25 AFTER THE FIFTH YEAR, THE EXEMPTION SHALL TERMINATE; [OR]
26 (3) FOR THE FIRST, SECOND AND THIRD YEAR FOR WHICH
27 IMPROVEMENTS WOULD OTHERWISE BE TAXABLE, ONE HUNDRED PER CENT OF
28 THE ELIGIBLE ASSESSMENT SHALL BE EXEMPTED; AFTER THE THIRD YEAR
29 THE EXEMPTION SHALL TERMINATE[.]; OR
30 (4) FOR THE FIRST, SECOND, THIRD, FOURTH, FIFTH, SIXTH,
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1 SEVENTH, EIGHTH, NINTH AND TENTH YEAR FOR WHICH IMPROVEMENTS
2 WOULD OTHERWISE BE TAXABLE, ONE HUNDRED PER CENT OF THE ELIGIBLE
3 ASSESSMENT SHALL BE EXEMPTED; AFTER THE TENTH YEAR THE EXEMPTION
4 SHALL TERMINATE.
5 * * *
6 Section 303. Exemption Schedule; Maximum Exemption.--(a) A
7 local taxing authority granting a tax exemption pursuant to the
8 provisions of this article may provide for tax exemption on the
9 assessment attributable to the actual cost of construction of
10 the new dwelling unit in accordance with one of the following
11 [schedule] schedules:
12 (1) For the first, second and third year for which said
13 newly-constructed dwelling unit or units would otherwise be
14 taxable, [100%] one hundred per cent of the eligible assessment
15 shall be exempted; after the third year the exemption shall
16 terminate[.];
17 (2) For the first year for which said newly-constructed
18 dwelling unit or units would otherwise be taxable, one hundred
19 per cent of the eligible assessment shall be exempted; for the
20 second year, ninety per cent of the eligible assessment shall be
21 exempted; for the third through tenth years, eighty, seventy,
22 sixty, fifty, forty, thirty, twenty, and ten percent,
23 respectively, of the eligible assessment shall be exempted;
24 after the tenth year, the exemption shall terminate; or
25 (3) For the first, second, third, fourth, fifth, sixth,
26 seventh, eighth, ninth and tenth year for which said newly-
27 constructed dwelling unit or units would otherwise be taxable,
28 one hundred per cent of the eligible assessment shall be
29 exempted; after the tenth year the exemption shall terminate.
30 * * *
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1 Section 2. This act shall take effect in 60 days.
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