New Push to Change Philadelphia Real Estate Taxation – NMP Skip to main content

New Push to Change Philadelphia Real Estate Taxation

Mar 16, 2016
A pair of Philadelphia lawmakers are trying to change the state constitution in Pennsylvania in order to realign how their city levies taxes on commercial real estate

A pair of Philadelphia lawmakers are trying to change the state constitution in Pennsylvania in order to realign how their city levies taxes on commercial real estate.

According to a Philadelphia Business Journal report, Reps. John Taylor (R) and William Keller (D) are leading an effort to remove Philadelphia from the state’s uniformity clause, which requires that the commercial real estate tax rate not vary by more than 15 percent from the rate applicable to other real estate.

Two Pennsylvania lawmakers from our area introduced legislation Tuesday that aims to amend the state's Constitution so Philadelphia can adjust the way it taxes commercial real estate.

Last month, Rep. John Taylor (R-Philadelphia) and Rep. William Keller (D-Philadelphia) joined other state legislators, Mayor Jim Kenney and members of the Philadelphia business community at City Hall to voice their support for legislation that would allow Philly to opt out of the state's uniformity clause–which says the commercial real estate tax rate cannot vary by more than 15 percent from the rate applicable to other real estate. The lawmakers support a proposal by Philadelphia Mayor Jim Kenney to reduce wage and business taxes while simultaneously increasing commercial real estate.

“My bill will give the city the opportunity to realign its tax revenues to stimulate job growth for the region,” said Rep. Taylor.

The bill is supported by many real estate companies and local unions. But the proposal is not supported by City Council President Darrell Clarke, who is opposed to creating a seesaw effect with real estate taxes and business and wage taxes.

About the author
Published
Mar 16, 2016
Fed Hike Raises HELOC Costs While Mortgage Rates Stay Near 7%

Prime rose to 7% while the 10-year Treasury remained near 5%, giving originators two different borrower conversations

Sep 17, 2026
Rocket Raises Conforming Loan Limit To $845K Ahead Of FHFA

The higher limit gives brokers more room to keep borrowers from crossing into jumbo territory

Sep 10, 2026
Rocket Pro Launches ‘Moving Squad’ To Recruit Brokers From UWM

Rocket is offering partners up to $10,000 to help bring UWM brokers onto its platform

Sep 01, 2026
NEXA, UMortgage Leaders Explain What Drove Acquisition

Kortas relinquishes the CEO title, elevating Casa to co-equal "executive partner"

Aug 31, 2026
Warsh Sees Housing Strain, Keeps Rate Hikes In Play

Fed chair says broader financial conditions remain loose, inflation is too high, and markets should expect less guidance on what comes next

Aug 31, 2026
July CPI Eases Mortgage-Rate Risk, But Doesn’t Promise Relief

Consumer inflation rose just 0.1% in July, reducing pressure for a September Fed rate hike as mortgage rates remain near their highest levels of the year

Aug 13, 2026