READ AND PASSED
This enacted ordinance revises Philadelphia’s realty transfer tax rate for transactions involving property in the city. For transactions taking place on or after July 1, 2016, the rate is 3.10% from January 1, 2017 through December 31, 2036, and returns to 3.00% starting January 1, 2037, affecting people who transfer or accept ownership of real estate.
Amending Chapter 19-1400 of The Philadelphia Code, entitled "Realty Transfer Tax," by revising the rate of the tax, all under certain terms and conditions.
Pass2016-06-16
Action by CITY COUNCIL
A motion was made that this matter be READ AND PASSED. The motion carried by the following vote:
13 Yes·4 No·0 Absent
Roll Call
| Member | Vote |
|---|---|
| Al Taubenberger | No |
| Allan Domb | No |
| Blondell Reynolds Brown | Yes |
| Bobby Henon | Yes |
| Brian J. O'Neill | No |
| Cherelle Parker | Yes |
| Cindy Bass | Yes |
| Curtis Jones, Jr. | Yes |
| Darrell L. Clarke | Yes |
| David Oh | No |
| Derek S. Green | Yes |
| Helen Gym | Yes |
| Jannie L. Blackwell | Yes |
| Kenyatta Johnson | Yes |
| Maria D. Quiñones-Sánchez | Yes |
| Mark Squilla | Yes |
| William K. Greenlee | Yes |