PRINTER'S NO. 164
No. 158 Session of 2001
INTRODUCED BY BELL, JANUARY 30, 2001
REFERRED TO FINANCE, JANUARY 30, 2001
AN ACT
1 Amending Title 53 (Municipalities Generally) of the Pennsylvania
2 Consolidated Statutes, providing for periodic payment of
3 school taxes.
4 The General Assembly of the Commonwealth of Pennsylvania
5 hereby enacts as follows:
6 Section 1. The definition of "eligible tax" in section 8422
7 of Title 53 of the Pennsylvania Consolidated Statutes is amended
8 by adding a paragraph and the section is amended by adding a
9 definition to read:
10 § 8422. Definitions.
11 The following words and phrases when used in this subchapter
12 shall have the meanings given to them in this section unless the
13 context clearly indicates otherwise:
14 * * *
15 "Eligible tax." Any of the following, including interest and
16 penalty provided by law, when levied by a political subdivision:
17 * * *
18 (9) A school tax.
1 * * *
2 "School tax." A tax on real property imposed for the benefit
3 of public education.
4 * * *
5 Section 2. Title 53 is amended by adding a section to read:
6 § 8429.1. Periodic payments.
7 A local taxing authority shall provide for quarterly
8 payments, without addition of interest or penalty and without
9 discount for full payment, of school taxes.
10 Section 3. Section 8438 of Title 53 is amended to read:
11 § 8438. Taxes on real property.
12 Except as provided in section 8426 (relating to interest on
13 overpayment) or 8429.1 (relating to periodic payments), this
14 subchapter shall not apply to any tax on real property.
15 Section 4. All acts and parts of acts are repealed insofar
16 as they are inconsistent with this act.
17 Section 5. This act shall apply to taxable years beginning
18 after December 31, 2001.
19 Section 6. This act shall take effect immediately.
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