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A resolution amending Ordinance 6-14-RE in order to provide a full two year term for exemptions from County real property taxation under the terms of the Improvement of Deteriorating Real Property or Areas Tax Exemption Act, otherwise known as Act 42 enacted May 23, 1996 by the Board of Commissioners of Allegheny County.
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Whereas, the Improvement of Deteriorating Real Property or Areas Tax Exemption Act, otherwise known as Act 42, authorizes the exemption of assessed valuation of improvement to deteriorated properties from real estate taxation; and
Whereas, on May 23, 1996, the Board of Commissioners of Allegheny County exercised the legal authority granted by Act 42 by formally adopting a resolution establishing the Improvement to Deteriorating Property Exemption Program, and legislatively extended the term of these programs in 2000, 2001, 2002, 2004, 2005, 2008, 2009, 2011 and 2014 creating a history of nearly fifteen years of granting a full two-year abatement pursuant to Act 42; and
Whereas, failure to renew the Act 42 abatement and exemption programs on or before December 31st will create a situation in which certain taxpayers will receive the exemption for less than the two years granted to other individuals who applied during the same term creating an inequitable situation favoring one group of taxpayers over another; and
Whereas, in the event that the Act 42 exemption program is not extended beyond the current expiration date of December 31, 2015, it is the desire of Council to ensure that all participants receive the benefit of the exemption for a full two years;
The Council of County of Allegheny hereby resolves as follows:
Section 1. Incorporation of the Preamble.
The provisions set forth in the preamble to this Resolution are incorporated by reference as set forth in their entirety herein.
Section 2. Amendment of New Home Construction/Improvement Program Resolution; Term
Section 8 of the New Home Construction/Improvement Prog...
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