Presenter
Presented by Mr. Udin
Title
An Ordinance amending the Pittsburgh Code, Title Two, Fiscal; Article IX, Property Taxes; Chapter 263, Real Property Tax and Exemption, Section 263.21 Property Tax Relief, by changing how the exemption of taxes will be calculated by replacing the year of 1993 with a fixed rate of reduction of 30% percent of assessed value.
Body
Be it resolved that the Council of the City of Pittsburgh hereby enacts as follows:
Section 1. The Pittsburgh Code, Title Two-Fiscal; Article IX, Property Taxes; Chapter 263 Real Property Tax and Exemption; Section 263.21 Property Tax Relief, is hereby amended as follows:
SECTION 263.21 PROPERTY TAX RELIEF
Any eligible taxpayer in the City shall be entitled to have city real estate tax on his or her principal residence calculated on the current [assessed] fair market value determined by the Department of Property Assessment reduced by 30% [or the first full calendar year that the property qualified as a principal residence, whichever is later,] if the eligible taxpayer meets the household income limits for qualification set forth below.
NOTE: I do hereby certify that the foregoing Ordinance duly engrossed and certified, was delivered by me to the Mayor for his approval of disapproval and that the Mayor failed to approve or disapprove the same, whereupon it became law without his approval, under the provisons of the Act of the Assembly in such case made and provided.
Linda M. Johnson-Wasler
Clerk of Council