READ AND PASSED

This enacted bill amends Philadelphia’s realty transfer tax rules to exclude transfers between stepparents and stepchildren, as well as transfers involving the spouse of a stepchild. The parties must jointly sign a Philadelphia Real Estate Transfer Tax Certification Affidavit, and a later transfer by the recipient within one year may be subject to the tax.

Amending Title 19 of The Philadelphia Code, entitled "Finance, Taxes and Collections," to include transfers between stepparents and stepchildren as a transaction excluded from the realty transfer tax.