Presenter
Title
REPEALING Ordinance No. 42, of 2004 2003, entitled, "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." (Amend Act 77)
Body
Be it resolved that the Council of the City of Pittsburgh hereby enacts as follows:
Section 1. That Ordinance No. 42 of 2004 2003, effective January 1, 2004, entitled,
"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, 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."
IS HEREBY REPEALED.