PRINTER'S NO. 2421
No. 1888 Session of 1989
INTRODUCED BY LLOYD, VROON, NOYE, PISTELLA, PESCI, DALEY, WASS, NAHILL, BATTISTO, MRKONIC, CARLSON, BILLOW, DeLUCA, MELIO, KUKOVICH, RYBAK, JOHNSON, RAYMOND, E. Z. TAYLOR, ITKIN, SCRIMENTI, SERAFINI, MERRY, McCALL AND TELEK, SEPTEMBER 26, 1989
REFERRED TO COMMITTEE ON LOCAL GOVERNMENT, SEPTEMBER 26, 1989
AN ACT 1 Amending the act of May 22, 1933 (P.L.853, No.155), entitled "An 2 act relating to taxation; designating the subjects, property 3 and persons subject to and exempt from taxation for all local 4 purposes; providing for and regulating the assessment and 5 valuation of persons, property and subjects of taxation for 6 county purposes, and for the use of those municipal and 7 quasi-municipal corporations which levy their taxes on county 8 assessments and valuations; amending, revising and 9 consolidating the law relating thereto; and repealing 10 existing laws," providing for refunds. 11 The General Assembly of the Commonwealth of Pennsylvania 12 hereby enacts as follows: 13 Section 1. Section 511(e) of the act of May 22, 1933 14 (P.L.853, No.155), known as The General County Assessment Law, 15 added October 11, 1984 (P.L.894, No.175), is amended to read: 16 Section 511. Board of Revision to Hear and Pass on 17 Appeals.--* * * 18 (e) Persons who have suffered catastrophic losses to their 19 property shall have the right to appeal before the county 20 commissioners, acting as a board of revision of taxes, or the
1 board for the assessment and revision of taxes within the 2 remainder of the county fiscal year in which the catastrophic 3 loss occurred, or within six months of the date on which the 4 catastrophic loss occurred, whichever time period is longer. The 5 duty of the county commissioners, acting as a board of revision 6 of taxes, or the board for the assessment and revision of taxes 7 shall be to reassess the value of the property in the following 8 manner: the value of the property before the catastrophic loss, 9 based on the percentage of the taxable year for which the 10 property stood at its former value, shall be added to the value 11 of the property after the catastrophic loss, based on the 12 percentage of the taxable year for which the property stood at 13 its reduced value. Any property improvements made subsequent to 14 the catastrophic loss in the same tax year shall not be included 15 in the reassessment described in this subsection for that tax 16 year. Any adjustments in assessment under this subsection shall 17 be reflected by the appropriate taxing authorities in the form 18 of a credit for the succeeding tax year or in the form of a 19 refund, as ordered by the board. 20 * * * 21 Section 2. This act shall take effect in 60 days. H14L53JRW/19890H1888B2421 - 2 -