Township of Bridgewater, PA Article IV Realty Transfer Tax

[Adopted 10-2-2006 by Ord. No. 10B-2006]

§ 275-7 Imposition of tax.

Bridgewater Township adopts the provisions of Article XI-D of the Tax Reform Code of 1971[1] 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 of 1%.

[1] Editor's Note: See 72 P.S. § 8101-D et seq.

§ 275-8 Administration.

The tax imposed under § 275-7 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,"[1] provided that if the correct amount of the tax is not paid by the last date prescribed for timely payment, Bridgewater Township, 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.

[1] Editor's Note: See 53 P.S. § 6924.101 et seq.

§ 275-9 Interest.

Any tax imposed under § 275-7 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 7% per annum.

§ 275-10 Repealer; prior tax.

A. As of the effective date of this article, any and all ordinances and resolutions that are inconsistent or in conflict with this article are hereby repealed.

B. The repealed ordinances enumerated in Subsection A remain effective for documents that became subject to tax prior to the effective date of this article.