READ AND PASSED
This enacted bill increased Philadelphia’s realty transfer tax on transactions involving the transfer or acceptance of city real estate. The rates are 3.10% through June 30, 2018; 3.278% from July 1, 2018, through December 31, 2036; and 3.178% beginning January 1, 2037, with the added revenue intended to support the City’s increased contribution to the School District.
Amending Chapter 19-1400 of The Philadelphia Code, entitled "Realty Transfer Tax," to increase the rate of realty transfer tax, under certain terms and conditions.
Pass2018-06-07
Action by CITY COUNCIL
A motion was made that this matter be READ AND PASSED. The motion carried by the following vote:
12 Yes·5 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 | No |
| 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 |