Current through Pa Acts 2024-53, 2024-56 through 2024-92
Section 8106-A - Reports by local taxing authorities(a) Except for taxable year 1998, on or before the first day of April of 1971 and of each year thereafter, each local taxing authority shall submit to the department as prescribed by the department: (1) The name and address of each public utility owning utility realty within its jurisdiction, and the assessed valuations, State taxable values, realty tax equivalents, real estate tax rates and real estate parcel identification numbers of such utility realty for the local taxing authority's fiscal year which began in the taxable year.(2), (3) Deleted by 1999, May 12, P.L. 26, No. 4, § 20, imd. effective.(4) Its total tax receipts for its last completed fiscal year.(5) Any adjustment to the assessed values, tax rates, realty tax equivalents or total tax receipts previously reported pursuant to clauses (1) and (4).(b) If a local taxing authority shall fail to file the report required by subsection (a) by the date therein prescribed, or within any extension granted by the department, it shall forfeit its right to share in the next-ensuing distribution made pursuant to section 1107-A. (c) Notwithstanding section 731 of the act of April 9, 1929 (P.L. 343, No. 176), known as "The Fiscal Code," relating to confidential information, reports filed under this section shall be public.(d) A report filed by a local taxing authority shall be deemed to be prima facie correct unless rebutted by a preponderance of the evidence.(e) If an amount reported under section 1102-A or this section is finally changed or corrected under section 1105-A or 1109-A, the local taxing authority and the public utility shall make a compensating adjustment on the first report filed following the change or corrections as an adjustment to the taxable year's total realty tax equivalent and total State taxable value so that amounts raised under this article shall not be less than the gross amount of real estate taxes which a local taxing authority could have imposed on real property but for the exemption provided under this article.(f) A report required by this section for taxable year 1998 shall be submitted on or before September 1, 1999.1971, March 4, P.L. 6, No. 2, art. XI-A, § 1106-A, added 1979, July 4, P.L. 60, No. 27, § 3, imd. effective. Amended 1999, May 12, P.L. 26, No. 4, § 20, imd. effective.