Bundy v. Belin

OPINION

NIX, Justice.

This case presents the question whether a tax levied for repayment of past due principal and interest on tax anticipation notes is excepted from tax limitations as provided in the County Code, § 1770, 16 P.S. § 1770, because the delinquent repayment is indebtedness incurred pursuant to the Act of July 12, 1972 (P.L. 781, No. 185), 53 P.S. § 6780-1 et seq., known as the Local Government Unit Debt Act (“Debt Act”).1 A three-judge panel of the Commonwealth Court, *258by a 2-1 decision, held that the obligation was not “indebtedness incurred pursuant to the [Debt Act]” so that…