§ 665. Waiver of realty transfer tax; allocation (Adm. Code § 2505)
Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 71 P.S. State Government
71 P.S. § 665
§ 665. Waiver of realty transfer tax; allocation (Adm. Code § 2505)
(a) The Department of Revenue may, in the case of a transfer of real property from the Commonwealth to a nonprofit organization where that organization will utilize the property for a drug or alcohol abuse rehabilitation program, waive the collection of the realty transfer tax imposed under Article XI-C of the act of March 4, 1971 (P.L. 6, No. 2), known as the “Tax Reform Code of 1971.”1
(b) Notwithstanding the limitation contained in section 7 of the act of July 2, 1993 (P.L. 359, No. 50), known as the “Keystone Recreation, Park and Conservation Fund Act,”2 moneys in the Keystone Recreation, Park and Conservation Fund designated for the State System of Higher Education shall be made available quarterly during the fiscal year beginning July 1, 1994.
Credits
1929, April 9, P.L. 177, art. XXV, § 2505, added 1990, July 1, P.L. 277, No. 67, § 11, imd. effective. Amended 1994, June 22, P.L. 351, No. 52, § 4, effective July 1, 1994.
71 P.S. § 665, PA ST 71 P.S. § 665
Current through Act 13 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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