[Adopted 12-22-1987 by Ord. No. 3117]
[Amended 9-11-2007 by Ord. No. 3117.1]
The City of Bradford 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% of the value of the real property conveyed or transferred.
[Added 9-11-2007 by Ord. No. 3117.1]
The tax imposed under § 196-52 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, the City of Bradford,
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.
[1]
Editor's Note: See now 53 P.S. § 6924.101
et seq.
[1]
Editor's Note: The following former sections of the 1995 Code were repealed at time of adoption of Code (see Ch. 1, General Provisions, Art. I): § 196-53, Liability for payment; § 196-54, Evidence of payment; § 196-55, Statement of value; § 196-56, Family farm corporations; and § 196-57, Unlawful acts.
[Added 9-11-2007 by Ord. No. 3117.1]
Any tax imposed under § 196-52 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 upon delinquent Commonwealth taxes as provided in § 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.
