Thursday, July 24, 2014
Inquirer Daily News

State lawmakers approve legislation needed for property tax reform

The state House of Representatives tonight approved legislation that will allow Mayor Nutter to move ahead with a controversial property tax reform plan.

State lawmakers approve legislation needed for property tax reform

The state House of Representatives tonight approved legislation that will allow Mayor Nutter to move ahead with a controversial property tax reform plan.

According to mayoral spokesman Mark McDonald, the House tonight overwhelmingly approved legislation that will allow the city to adjust down the millage rate when the city moves to a property tax system based on market values, known as the Actual Value Initiative (AVI).

The legislation is key because when the city implements AVI, many property assessment will go up. And under state law, the city can't lower millage rates because of rules that are designed to preserve schools funding.  So the city needs the ability to bring the tax rate down and still collect similar revenues.

The bill now goes to Governor Corbett for final approval.

Nutter proposed AVI for the current budget cycle, but the plan was delayed for a year in the face of City Council opposition.

About this blog
Chris Brennan, a native Philadelphian and graduate of Temple University, joined the Daily News in 1999. He has written about SEPTA, the Philadelphia School District, the legalization of casino gambling, state government, the mayor, the governor, City Council and political campaigns. E-mail tips to brennac@phillynews.com
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Jenny DeHuff is a 2005 graduate of the University of Rhode Island, where she cut her teeth in journalism. A South Philly transplant from New England, she joined the Daily News City Hall Bureau in 2013. For the past several years, she has worked as an investigative reporter exposing corruption in suburban politics, covering sometimes ghastly criminal court cases and following the people’s money and how its spent. In addition to being a dogged news hound, she enjoys reading and writing about travel, animals, Irish whiskey and aviation. E-mail tips to dehuffj@phillynews.com
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Sean Collins Walsh is from Bucks County and went to Northwestern University. He joined the Daily News copy desk in 2012 and now covers the Nutter administration. Before that, he interned at papers including The New York Times, The Dallas Morning News and The Seattle Times. E-mail tips to walshSE@phillynews.com
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