Pennsylvania Statutes Title 72 P.S. Taxation and Fiscal Affairs § 1799.41-E. Local Economic Revitalization Tax

(a) County of the second class or city of the second class.--Notwithstanding section 5(b)(1) of the act of December 1, 1977 (P.L. 237, No. 76),  1 known as the Local Economic Revitalization Tax Assistance Act, in a county of the second class or a city of the second class, the length of the schedule of taxes exempted under the Local Economic Revitalization Tax Assistance Act shall not exceed 20 years.

(b) City of the first class.--

(c) (Reserved).

(d) (Reserved).

(e) Definitions.--As used in this section, the term “deteriorated property” shall mean any industrial, commercial or other business property, or property previously used for government purposes, including a school, owned by an individual, association or corporation and located in a deteriorating area, any property which has been the subject of an order by a government agency requiring the unit to be vacated, condemned or demolished by reason of noncompliance with laws, ordinances or regulations or any of such property that is no longer in use and must be demolished to make residential use economically viable.