[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.
[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.