§ 8106-C. Stamps, commissions, payments and transfers
Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 72 P.S. Taxation and Fiscal AffairsEffective: July 7, 2006
Effective: July 7, 2006
72 P.S. § 8106-C
§ 8106-C. Stamps, commissions, payments and transfers
(b) The department shall allow each county a commission equal to one per cent of the face value of the stamps sold or two hundred fifty dollars ($250) whichever is greater. The recorder of deeds shall pay the commission herein allowed to the general fund of the county. The department shall pay the premium or premiums on any bond or bonds required by law to be procured by recorder of deeds for the performance of their duties under this article.
(d) At the end of each month, the State Treasurer shall transfer from the General Fund to the Keystone Recreation, Park and Conservation Fund an amount equal to the tax credited to the General Fund under subsection (c) for the previous month multiplied by the applicable transfer factor. The applicable transfer factor for each month shall be as follows:
Month | Transfer Factor |
---|
July 1994 through December 2001 | 0.15 |
January 2002 through June 2002 | 0.10 |
July 2002 through June 2003 | 0.075 |
July 2003 through June 2006 | 0.15 |
July 2006 through June 2007 | 0.021 |
July 2007 and each month thereafter | 0.15 |
Credits
1971, March 4, P.L. 6, No. 2, art. XI-C, § 1106-C, added 1981, May 5, P.L. 36, No. 14, § 4, imd. effective. Amended 1986, July 2, P.L. 318, No. 77, § 14, imd. effective; 2002, June 29, P.L. 559, No. 89, § 23, effective July 1, 2002; 2006, July 6, P.L. 319, No. 67, § 8, imd. effective.
72 P.S. § 8106-C, PA ST 72 P.S. § 8106-C
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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