AN ACT

 

1Amending the act of May 22, 1933 (P.L.853, No.155), entitled "An
2act relating to taxation; designating the subjects, property
3and persons subject to and exempt from taxation for all local
4purposes; providing for and regulating the assessment and
5valuation of persons, property and subjects of taxation for
6county purposes, and for the use of those municipal and
7quasi-municipal corporations which levy their taxes on county
8assessments and valuations; amending, revising and
9consolidating the law relating thereto; and repealing
10existing laws," providing for installment payments.

11The General Assembly of the Commonwealth of Pennsylvania
12hereby enacts as follows:

13Section 1. Article II heading of the act of May 22, 1933
14(P.L.853, No.155), known as The General County Assessment Law,
15is amended to read:

16ARTICLE II

17SUBJECTS OF LOCAL TAXATION; EXEMPTIONS; INSTALLMENT PAYMENTS

18Section 2. The act is amended by adding a section to read:

19Section 207. Installment Payments.--The governing body of a
20county of the first class may authorize the collection of a tax
21enumerated in section 201(a) through periodic installment

1payments and may determine the frequency of and eligibility for
2the payments.

3Section 3. This act shall take effect in 60 days.