Bill Text: PA HB457 | 2009-2010 | Regular Session | Introduced


Bill Title: Further defining deteriorated property.

Spectrum: Moderate Partisan Bill (Democrat 14-4)

Status: (Introduced - Dead) 2009-02-13 - Referred to FINANCE [HB457 Detail]

Download: Pennsylvania-2009-HB457-Introduced.html

  

 

    

PRINTER'S NO.  501

  

THE GENERAL ASSEMBLY OF PENNSYLVANIA

  

HOUSE BILL

 

No.

457

Session of

2009

  

  

INTRODUCED BY M. O'BRIEN, JOSEPHS, CLYMER, McGEEHAN, BEYER, GOODMAN, HALUSKA, KORTZ, KOTIK, SIPTROTH, WALKO, YOUNGBLOOD, J. TAYLOR, MILNE AND DeLUCA, FEBRUARY 13, 2009

  

  

REFERRED TO COMMITTEE ON FINANCE, FEBRUARY 13, 2009  

  

  

  

AN ACT

  

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Amending the act of December 1, 1977 (P.L.237, No.76), entitled,

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as amended, "An act authorizing local taxing authorities to

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provide for tax exemption for certain deteriorated

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industrial, commercial and other business property and for

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new construction in deteriorated areas of economically

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depressed communities; providing for an exemption schedule

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and establishing standards and qualifications," further

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defining deteriorated property.

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The General Assembly of the Commonwealth of Pennsylvania

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hereby enacts as follows:

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Section 1.  The definition of "deteriorated property" in

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section 3 of the act of December 1, 1977 (P.L.237, No.76), known

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as the Local Economic Revitalization Tax Assistance Act, is

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amended to read:

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Section 3.  Definitions.

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The following words and phrases when used in this act shall

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have, unless the context clearly indicates otherwise, the

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meanings given to them in this section:

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"Deteriorated property." Any industrial, commercial or other

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business property owned by an individual, association or

 


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corporation, and located in a deteriorating area, as hereinafter

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provided, or any such property which has been the subject of an

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order by a government agency requiring the unit to be vacated,

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condemned or demolished by reason of noncompliance with laws,

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ordinance or regulations, provided that no portion of the

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property may be used as a "licensed facility" as defined in 4

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Pa.C.S. § 1103 (relating to definitions) or any similar type of

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facility authorized under State law.

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* * *

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Section 2.  This act shall take effect in 60 days.

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