Current through Pa Acts 2024-53, 2024-56 through 2024-92
Section 665 - Waiver of realty transfer tax; allocation (Adm. Code Section 2505)(a) The Department of Revenue may, in the case of a transfer of real property from the Commonwealth to a nonprofit organization where that organization will utilize the property for a drug or alcohol abuse rehabilitation program, waive the collection of the realty transfer tax imposed under Article XI-C of the act of March 4, 1971 (P.L. 6, No. 2), known as the "Tax Reform Code of 1971." (b) Notwithstanding the limitation contained in section 7 of the act of July 2, 1993 (P.L. 359, No. 50) , known as the "Keystone Recreation, Park and Conservation Fund Act," moneys in the Keystone Recreation, Park and Conservation Fund designated for the State System of Higher Education shall be made available quarterly during the fiscal year beginning July 1, 1994.1929, April 9, P.L. 177, art. XXV, § 2505, added 1990, July 1, P.L. 277, No. 67, § 11, imd. effective. Amended 1994, June 22, P.L. 351, No. 52, § 4, effective 7/1/1994.