1Amending Title 53 (Municipalities Generally) of the Pennsylvania
2Consolidated Statutes, in municipal authorities, further
3providing for purposes and powers.

4The General Assembly of the Commonwealth of Pennsylvania
5hereby enacts as follows:

6Section 1. Section 5607(d)(27) of Title 53 of the
7Pennsylvania Consolidated Statutes is amended by adding a
8subparagraph to read:

9§ 5607. Purposes and powers.

10* * *

11(d) Powers.--Every authority may exercise all powers
12necessary or convenient for the carrying out of the purposes set
13forth in this section, including, but without limiting the
14generality of the foregoing, the following rights and powers:

15* * *

16(27) * * *

17(x) An authority that has made an election under
18subparagraph (i)(C) may further elect to calculate, for

1the assessment years included in a plan and budget, the
2assessments on single-family residential properties,
3including those that are part of a planned unit
4development, residential cooperative properties and
5residential condominium properties, at the lower of the
6amount determined under subparagraph (i)(C) or that
7aggregate value of assessments that will not exceed 5% of
8the authority's total annual assessments, subject to the
9following:

10(A) Any aggregate reduction in assessments on
11residential properties shall increase the assessments
12on the remaining properties in proportion to the
13assessments of the remaining properties calculated
14under subparagraph (i)(C)(IV).

15(B) Any further election shall be made for all
16assessment years included in a plan and budget,
17except that, for a current plan and budget, the
18further election shall be made for the years
19remaining in the plan and budget. Once made, the
20further election shall remain in effect for all such
21assessment years included in the plan and budget.

22(C) An authority making the further election
23shall hold a hearing on the proposed method of
24calculation. Written notice of the hearing shall be
25given to all owners of properties assessed by the
26district at least 30 days prior to the hearing. The
27notice shall state the proposed method of
28calculation.

29(D) The authority shall take no action on the 
30proposed method of calculation if objection is made
 

1in writing by owners of properties representing one-
2third of the amount of all assessments in the 
3district. In the case of a condominium formed under 
468 Pa.C.S. Pt. II Subpt. B, the condominium 
5association and all condominium units shall be 
6treated as one property, valued in the manner 
7described in subparagraph (i)(C)(II). Any objection 
8must be made within 30 days of the hearing in
9writing signed by the property owner and filed in the 
10registered office of the authority.

11(E) No further hearing shall be required, no
12amendment of the authority's plan and budget shall be
13required and no action on the part of the
14municipality shall be required.

15* * *

16Section 2. This act shall take effect in 60 days.