Pennsylvania Act 1923-268 — MUNICIPALITIES, PAYMENTS TO BY COMMONWEALTH

Act text

MUNICIPALITIES, PAYMENTS TO BY COMMONWEALTH
                  Act of May 31, 1923, P.L. 487, No. 268              Cl. 53
                                  AN ACT

     To provide for the payment of moneys by the Commonwealth to
        counties and townships the tax funds of which are diminished
        by the acquisition of lands and property by the Commonwealth
        for the conservation of water and to prevent flood
        conditions; and making an appropriation.

        Section 1.  Be it enacted, &c., That whenever the
     Commonwealth of Pennsylvania shall, for the conservation of
     water or to prevent flood conditions, acquire, or has heretofore
     acquired, any lands and property within the limits of any county
     or township, and shall or has, by such acquisition, reduced the
     amount of property taxable within the county or township for
     county, township, and road purposes, the officers of such county
     or township, authorized by law to levy taxes, shall, immediately
     after such acquisition or as soon as may be after the passage of
     this act, certify to the Auditor General the assessed valuation
     of such lands and property at the time of such acquisition.
        Section 2.  After any such acquisition, the municipal
     officers of such county or township, authorized by law as
     aforesaid, shall, from year to year, at the time of their annual
     levy of taxes for county, township, or road purposes, certify to
     the Auditor General the rate of levy of such taxes for the
     ensuing fiscal year. Thereupon the Auditor General shall
     ascertain the amount of taxes which would have been collected
     upon the assessed valuation, certified as hereinbefore provided,
     at the rate of the levy so certified. Upon the ascertainment of
     such amount, the same shall be paid by the Commonwealth, from
     time to time, to the county or township entitled thereto from
     funds appropriated for such purposes.