[Adopted 6-4-2007 by Ord. No. 5-2007[1]]
[1]
Editor's Note: This ordinance also repealed former Art. III, Realty Transfer Tax, adopted 4-14-2004 by Ord. No. 3-2004.
The Borough of Mount Pocono 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 the rate of 1%.
[1]
Editor's Note: See 72 P.S. § 8101 et seq.
The tax imposed under § 191-12 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 Borough of Mount Pocono, 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.
Any tax imposed under § 191-12 that is not paid by the date the tax is due shall bear 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 upon 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.
A. 
This article repeals all past and inconsistent ordinances.
B. 
The repealed ordinances or parts thereof enumerated in Subsection A remain effective for documents that became subject to tax prior to the effective date of this article.
The provisions of this article shall become effective on and be applicable to any document made, executed, delivered, accepted or presented for recording on or after June 4, 2007.