[Ord. 829, 11/6/2006, § 1; as amended by Ord. 850, 3/3/2008]
The Township of Elizabeth adopts the provisions of Article XI-D of the Tax Reform Code of 1971 and imposes a realty transfer tax as authorized under that Article, subject to the rate limitations therein. The tax Imposed under this section shall be at the rate of 1/2 %.
[Ord. 829, 11/6/2006, § 2]
The tax imposed under § 901 and all applicable interest and penalties shall 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 Township of Elizabeth, 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.
Editor's Note: See 53 P.S. § 6901 et seq.
[Ord. 829, 11/6/2006, § 3]
Any tax imposed under § 901 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 10% per annum.
[Ord. 829, 11/6/2006, § 4]
The provisions of this Part shall become effective on and be applicable to any document made, executed, delivered, accepted or presented for recording on or after December 4, 2006.