Amending Section 19-1301.2 of The Philadelphia Code, entitled "Homestead Exclusion," to revise the deadline by which applications for designation of property as homestead property are due, and making conforming changes, all under certain terms and conditions.

Amending Section 19-1301.2 of The Philadelphia Code, entitled “Homestead Exclusion,” to revise the deadline by which applications for designation of property as homestead property are due, and making conforming changes, all under certain terms and conditions. THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS: SECTION 1. Title 19 of The Philadelphia Code is hereby amended to read as follows: TITLE 19. FINANCE, TAXES AND COLLECTIONS * * * CHAPTER 19-1300. REAL ESTATE TAXES * * * § 19-1301.2. Homestead Exclusion. * * * (4) Administration and procedure. (a) Except as otherwise provided in this subsection, no later than [September 13] December 1 of the year prior to the year in which the tax is due, the owner or owners of real property may apply to the OPA for designation of property as homestead property. Such application shall be in such form as the OPA shall prescribe, consistent with any form mandated by the Department of Community and Economic Development. [(.1) In the event that a property transfer takes place after the deadline specified in subsection (4)(a) or within 30 days prior to such deadline, the owner or owners of real property may apply to the OPA for a designation of the property as homestead property within 30 days of the date on which said property is transferred into the new owner or owners' name(s), provided that such application is received by OPA no later than [ December 1 ] of the year prior to the year in which the tax is due.] [(.2) With respect to a…