32 Pa. Stat. § 5009

Current through P.A. Acts 2023-32
Section 5009 - Assessment

Any open space property interest acquired by the Commonwealth or a local government unit under this act is held for public purposes, and shall be exempt from taxation. The assessment of private interests in land subject to open space property interests under this act shall reflect any change in market value of the property which may result from the acquisition of open space property interests by the Commonwealth or a local government unit.

32 P.S. § 5009

1968, Jan. 19, P.L. (1967) 992, § 9. Amended 1996, Dec. 18, P.L. 994, No. 153, § 3, imd. effective.