Pennsylvania Senate Bill SB517

Pennsylvania 2023-2024 Regular Session

• Introduced: 3/15/23
• Refer: 3/15/23
• Refer: 6/27/23

Caption

Further providing for a fee imposed and used for demolition.

Impact

If enacted, SB 517 will have a direct influence on local governance by providing counties the discretion to raise fees related to property recordings. This increase in funding aims to enhance the resources available for dealing with blighted properties, thereby potentially improving community conditions. The bill’s provisions signal an acknowledgment of the growing need for financial support in urban redevelopment initiatives across the state, leveraging local fees as a means to foster community enhancement and property value stabilization.

Summary

Senate Bill 517 amends the Recorder of Deeds Fee Law in Pennsylvania to increase the fee that county recorders can charge for recording deeds and mortgages from $15 to $16. This adjustment also allows counties to implement annual increases to the fee in line with inflation, specifically tied to the Consumer Price Index. The additional funds collected from this increased fee will be directed into a demolition fund within each county, which is to be used exclusively for demolishing blighted properties. The goal of this legislation is to provide additional financial resources aimed at improving community infrastructure by addressing derelict buildings and contributing to urban renewal efforts.

Sentiment

The sentiment surrounding SB 517 appears to be largely positive, particularly among legislators and community advocates focused on urban renewal. Proponents argue that increasing the fees is a prudent move, as it directly contributes to local efforts in managing blighted properties which can detract from community aesthetics and safety. However, some critics may argue that any increase in fees could burden homeowners and property owners further, particularly in economically challenged areas. Overall, the discussion around the bill highlights a shared concern for community improvement balanced against financial implications for citizens.

Contention

The main point of contention regarding SB 517 revolves around equitable funding for community improvement against the backdrop of additional fees imposed on property transactions. While supporters of the bill endorse the increased funding for demolition as a necessary step for community revitalization, opponents might raise concerns over the affordability of additional fees for local residents. The argument centers on the balance of stimulating funding for urban renewal while minimizing financial strain on the community, indicating a careful consideration needed to ensure that such measures are sustainable and just for all residents.