A transfer of real property to or from a land bank shall be exempt from both the State and local realty transfer tax under Articles XI-C and XI-D of the act of March 4, 1971 (P.L.6, No.2), known as the Tax Reform Code of 1971, and section 301.1 of the act of December 31, 1965 (P.L.1257, No.511), known as The Local Tax Enabling Act.
(Nov. 3, 2022, P.L.1934, No.125, eff. 60 days)
2022 Amendment. Act 125 added section 2121.
Structure Pennsylvania Consolidated & Unconsolidated Statutes
Pennsylvania Consolidated & Unconsolidated Statutes
Title 68 - REAL AND PERSONAL PROPERTY
Section 2101 - Scope of chapter
Section 2102 - Legislative findings and purpose
Section 2104 - Creation and existence
Section 2109 - Acquisition of property
Section 2110 - Disposition of property
Section 2111 - Financing of land bank operations
Section 2112 - Borrowing and issuance of bonds
Section 2113 - Public records and public access
Section 2114 - Dissolution of land bank
Section 2115 - Conflicts of interest
Section 2116 - Construction, intent and scope
Section 2117 - Delinquent property tax enforcement
Section 2118 - Expedited quiet title proceedings
Section 2119 - Annual audit and report