72 Pa. Stat. § 8904.2-B
Current through Pa Acts 2024-53, 2024-56 through 2024-92
Notwithstanding 53 Pa.C.S. Ch. 88 (relating to consolidated county assessment), for purposes of determining the assessed value of property located in a neighborhood improvement zone, the actual fair market value of the property shall be established without utilizing or considering the cost approach to valuation and any funds received by the contracting authority and utilized directly or indirectly in connection with the property shall not be considered real property or income attributable to the property.
72 P.S. § 8904.2-B