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Amending Section 19-1303(5) of The Philadelphia Code, entitled "Authorization to Offer Exemptions from Real Estate Taxes on Improvements to Convert Deteriorated Industrial, Commercial or Other Business Property to Commercial Residential Use," by deleting the "sunset" provision under which the provisions of that Section are scheduled to terminate on June 30, 2002, under certain terms and conditions.

AI summary

This lapsed bill would have removed the June 30, 2002 expiration date for Philadelphia’s authorization to offer real estate tax exemptions for improvements converting deteriorated industrial, commercial, or other business property to commercial residential use. It would have affected property owners seeking those exemptions and applications submitted after that date.

File details

Status
LAPSED
Introduced
February 14, 2002
Sponsors
FJFrank J. DiCicco
View official record ↗

Full text

THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS:

SECTION 1. Section 19-1303(5) of The Philadelphia Code is hereby amended to read as follows:

§19-1303(5). Authorization to Offer Exemptions from Real Estate Taxes on Improvements to Convert Deteriorated Industrial, Commercial or Other Business Property to Commercial Residential Use.

* * *

[H. Termination Date. The provisions of this Section shall terminate as of June 30, 2002. Any application for exemption received after June 30, 2002 shall be ineffective.]

SECTION 2. This Ordinance shall take effect immediately.

End

File history

Sometimes city council's record keeping is not complete. This timeline reflects the information on the council's legistar website.
  1. Council actionCommittee on Finance

    Recessed

    Council actionCommittee on Finance

    Hearing held

    Council actionCommittee on Finance

    Hearing notices sent

  2. Council actionCITY COUNCIL

    Introduced

    Pass
    Council actionCITY COUNCIL

    Referred