The terms and provisions of Resolution 7-74 imposing a realty transfer tax within Caernarvon Township and adopted on December 30, 1974, as amended, hereby is adopted as an ordinance of Caernarvon Township.
[Adopted 4-14-2007 by Ord. No. 236]
Caernarvon 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%.
[1]
Editor's Note: See 72 P.S. § 8101-D et seq.
[Amended at time of adoption of Code (see Ch. 1, General Provisions, Art. I)]
The tax imposed under this article shall be administered, collected, and enforced under the Local Tax Enabling Act, 53 P.S. § 6924.101 et seq., provided that if the correct amount of the tax is not paid by the last date prescribed for timely payment, Caernarvon 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.
Any provisions of Resolution No. 7-74 and any ordinances or parts of ordinances inconsistent with the provisions of this article are hereby repealed only to the extent that the same are inconsistent herewith. Any sections of Resolution No. 7-74 repealed hereby remain effective for documents that became subject to tax prior to the effective date of this article.
This article shall become effective on and be applicable to any document made, executed, delivered, accepted, or presented for recording on or after five days from the date of adoption.