Borough of Bonneauville, PA Article IV Realty Transfer Tax

[Adopted 9-18-2007 by Ord. No. 99]

§ 225-22 Imposition of tax.

Borough of Bonneauville 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 article shall be at the rate of 1/2 of 1%.

§ 225-23 Administration.

The tax imposed under § 225-22 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. Borough of Bonneauville, pursuant to § 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.

§ 225-24 Interest.

Any tax imposed under § 225-22 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 under 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.

§ 225-25 Effect on other provisions.

All ordinances or parts of ordinances which are inconsistent herewith are hereby repealed and/or reaffirmed if consistent herewith, specifically Ordinance Number 79, approved and adopted the 22nd day of January 1998 by Bonneauville Borough Council.