PASSED
This enacted ordinance amended Philadelphia’s realty transfer tax rules to include deeds in lieu of foreclosure in the definition of a property’s taxable value. It applies to real estate transfers occurring on or after January 1, 2005.
Amending Chapter 19-1400 of The Philadelphia Code, entitled "Realty Transfer Taxes," by amending the definition of "Value" to include deeds in lieu of foreclosure.
Pass2004-05-31
Action by CITY COUNCIL
A motion was made that this matter be PASSED. The motion carried by the following vote:
17 Yes·0 No·0 Absent
Roll Call
| Member | Vote |
|---|---|
| Anna Cibotti Verna | Yes |
| Blondell Reynolds Brown | Yes |
| Brian J. O'Neill | Yes |
| Darrell L. Clarke | Yes |
| David Cohen | Yes |
| Donna Reed Miller | Yes |
| Frank J. DiCicco | Yes |
| Frank Rizzo | Yes |
| Jack Kelly | Yes |
| James F. Kenney | Yes |
| Jannie L. Blackwell | Yes |
| Joan L. Krajewski | Yes |
| Juan F. Ramos | Yes |
| Marian B. Tasco | Yes |
| Michael A. Nutter | Yes |
| Rick Mariano | Yes |
| W. Wilson Goode, Jr. | Yes |