(1) The tax authorized by this Chapter for any privilege year commencing prior to January 1, 2001, shall be measured by the assessed value of the real estate at the rate of ten dollars ($10) for each one hundred dollars ($100) of the assessed value of the real estate as most recently returned by the Board of Revision of Taxes.
(2) (a) The tax authorized by this Chapter for abandoned property for any privilege year commencing January 1, 2001, or thereafter shall be measured by the assessed value of the real estate at the rate of five percent (5%) of the assessed value of the real estate as most recently returned by the Board of Revision of Taxes.
(b) The tax authorized by this Chapter for vacant lots for any privilege year commencing January 1, 2001, or thereafter shall be measured by the assessed value of the real estate at the rate of ten percent (10%) of the assessed value of the real estate as most recently returned by the Board of Revision of Taxes.
Notes
450 | Amended, Bill No. 000028 (approved June 22, 2000), effective January 1, 2001. |