[Adopted 12-16-1986 by Ord. No. 375; amended in its entirety 7-1-2008 by Ord. No.
557 (Ch. 24, Part 2, of the 1989 Code of Ordinances)]
The Borough of Port Vue adopted the provisions of Article XI-D
of the Tax Reform Code of 1971[1] and imposed a realty transfer tax as authorized under
that article, subject to the rate limitations therein which are contained
in Ordinance No. 375 of the Borough of Port Vue, adopted December
16, 1986.
[1]
Editor's Note: See 72 P.S. § 1101-D et seq.
The tax imposed under § 281-7 and all applicable interest and penalties should be administered, collected and enforced under the Act of December 31, 1965 (P.L. 1257, No. 511, as amended, known as "The Local Tax Enabling Act"); provided, that if the correct amount of the tax is not paid by the last date prescribed for timely payment, the Borough of Port Vue, pursuant to Section 1102-D of the Tax Reform Code of 1971 (72 P.S. § 8102-D), authorizes and directs the Department of Revenue of the Commonwealth of Pennsylvania to determine, collect and enforce the tax, interest and penalties.
Any tax imposed under § 281-7 that is not paid by the date the tax is due shall bear interest as prescribed for interest on delinquent municipal claims under the Act of May 16, 1923 (P.L. 207, No. 153) (53 P.S. § 7101 et seq), as amended, known as "The Municipal Claims and Tax Liens Act." The interest rate shall be the lesser of the interest rate imposed upon delinquent commonwealth taxes as provided in Section 806 of the Act of April 9, 1929 (P.L. 343, No. 176) (72 P.S. § 806), as amended, known as "The Fiscal Code," or the maximum interest rate permitted under the Municipal Claims and Tax Liens Act for tax claims.
The provisions of this article shall become effective on and
be applicable to any document made, executed, delivered, accepted
or presented for recording on or after July 2, 2008.
