Pennsylvania · 2025-2026

SB 1479

An Act amending the act of June 17, 1913 (P.L.507, No.335), referred to as the Intangible Personal Property Tax Law, repealing provisions relating to the imposition of a personal property tax, powers of commissioners, duties and powers of the board of revision of taxes or county commissioners, certification of returns, offenses of assessor, filing of a return, fixed day of listing and return, penalties for inaccurate return, petition for reassessment, duties of executors and administrators, rules and regulations, offenses of assessor, taxable person or members business entities, duties of recorder of deeds, duties of the prothonotary or clerk of the court of common pleas, further duties of board of revision of taxes or county commissioners on statement of mortgages owed and satisfied and statement of number and amount of mortgages, duties of assessors, valuation subject to appeal, failure to carry out duties, recorders of deeds and prothonotaries payment, usury, interest and repeals; and prohibiting a political subdivision from levying a tax on the ownership, holding or the possession of personal property, including intangible personal property, within this Commonwealth.