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PA HB643

Bill

Official Source

Status

Engrossed

4/24/2025

Primary Sponsor

Sean Dougherty

Click for details

Origin

House of Representatives

2025-2026 Regular Session

AI Summary

  • Amends the Tax Reform Code of 1971 to modify the realty transfer tax revenue transfer schedule
  • Sets the transfer amount at $100,000,000 for fiscal year 2027-2028 only, rather than that amount continuing indefinitely
  • Increases the annual transfer amount to $110,000,000 for fiscal year 2028-2029 and each fiscal year thereafter
  • Takes effect 60 days after enactment

Legislative Description

In realty transfer tax, further providing for transfer of tax.

Last Action

Referred to Urban Affairs & Housing

4/28/2025

Committee Referrals

Urban Affairs & Housing4/28/2025
Appropriations4/23/2025
Housing and Community Development2/18/2025

Full Bill Text

No bill text available