City of Philadelphia - File #: 060007

• File #: 060007
• Version: 1
• Type: Bill
• Status: ENACTED
• File created: 1/24/2006
• In control: Committee of the Whole
• Final action: 6/8/2006
• Title: Amending Chapter 19-1500 of The Philadelphia Code, entitled "Wage and Net Profits Tax," by deleting certain special tax provisions and related definitions and rates, all under certain terms and conditions.
• Sponsors: Councilmember Blackwell, Councilmember Blackwell
• Indexes: WAGE AND NET PROFITS TAX
• Code sections: 19-1500 - Wage and Net Profits Tax

Date	Ver.	Action By	Action	Result	Tally
6/15/2006	1	MAYOR	SIGNED
6/15/2006	1	MAYOR	SIGNED
6/8/2006	1	CITY COUNCIL	READ
6/8/2006	1	CITY COUNCIL	READ
6/8/2006	1	CITY COUNCIL	PASSED	Pass	9:6
6/8/2006	1	CITY COUNCIL	PASSED	Pass	9:6
6/1/2006	1	Committee of the Whole	HEARING NOTICES SENT
6/1/2006	1	Committee of the Whole	HEARING NOTICES SENT
6/1/2006	1	Committee of the Whole	HEARING HELD
6/1/2006	1	Committee of the Whole	HEARING HELD
6/1/2006	1	Committee of the Whole	AMENDED
6/1/2006	1	Committee of the Whole	AMENDED
6/1/2006	1	Committee of the Whole	REPORTED FAVORABLY, RULE SUSPENSION REQUESTED
6/1/2006	1	Committee of the Whole	REPORTED FAVORABLY, RULE SUSPENSION REQUESTED
6/1/2006	0	CITY COUNCIL	ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR
6/1/2006	0	CITY COUNCIL	SUSPEND THE RULES OF THE COUNCIL	Pass
6/1/2006	0	CITY COUNCIL	ORDERED PLACED ON NEXT WEEK`S SECOND READING CALENDAR
5/4/2006	0	Committee of the Whole	HEARING HELD
5/4/2006	0	Committee of the Whole	RECESSED
4/27/2006	0	Committee of the Whole	HEARING HELD
4/27/2006	0	Committee of the Whole	RECESSED
4/19/2006	0	Committee of the Whole	HEARING HELD
4/19/2006	0	Committee of the Whole	RECESSED
4/6/2006	0	Committee of the Whole	HEARING HELD
4/6/2006	0	Committee of the Whole	RECESSED
4/5/2006	0	Committee of the Whole	HEARING HELD
4/5/2006	0	Committee of the Whole	RECESSED
4/4/2006	0	Committee of the Whole	HEARING HELD
4/4/2006	0	Committee of the Whole	RECESSED
3/29/2006	0	Committee of the Whole	HEARING HELD
3/29/2006	0	Committee of the Whole	RECESSED
3/28/2006	0	Committee of the Whole	HEARING HELD
3/28/2006	0	Committee of the Whole	RECESSED
3/22/2006	0	Committee of the Whole	HEARING HELD
3/22/2006	0	Committee of the Whole	RECESSED
3/21/2006	0	Committee of the Whole	HEARING HELD
3/21/2006	0	Committee of the Whole	RECESSED
3/15/2006	0	Committee of the Whole	HEARING HELD
3/15/2006	0	Committee of the Whole	RECESSED
3/14/2006	0	Committee of the Whole	HEARING HELD
3/14/2006	0	Committee of the Whole	RECESSED
3/8/2006	0	Committee of the Whole	HEARING HELD
3/8/2006	0	Committee of the Whole	RECESSED
3/7/2006	0	Committee of the Whole	HEARING HELD
3/7/2006	0	Committee of the Whole	RECESSED
3/1/2006	0	Committee of the Whole	HEARING HELD
3/1/2006	0	Committee of the Whole	RECESSED
2/27/2006	0	Committee of the Whole	HEARING HELD
2/27/2006	0	Committee of the Whole	RECESSED
1/24/2006	0	CITY COUNCIL	Referred
1/24/2006	0	CITY COUNCIL	Introduced	Pass

Title
Amending Chapter 19-1500 of The Philadelphia Code, entitled "Wage and Net Profits Tax," by deleting certain special tax provisions and related definitions and rates, all under certain terms and conditions.
Body
THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS:

SECTION 1. Chapter 19-1500 of The Philadelphia Code is amended to read as follows:


CHAPTER 19-1500. WAGE AND NET PROFITS TAX


§19-1508. Refunds and Forgiveness for Poverty Income.

(1) During the calendar year January 1, [2009] 2012 through December 31, [2009] 2012, the rate of tax imposed on Very Low Income Residents under §19-1502(1)(a) and (2)(a) shall be one half of one percent (0.5%) less than the rate of tax imposed upon Residents on July 1, [2008] 2011. During each calendar year thereafter, the rate of tax imposed on Very Low Income Residents under §19-1502(1)(a) and (2)(a) shall be reduced by one half of one percent (0.5%) from the rate of tax imposed upon Very Low Income Persons under such section during the previous calendar year until the rate of tax drops to one half of one percent (0.5%) or less. During the next succeeding calendar year and thereafter, no tax shall be imposed under §19-1502(1)(a) and (2)(a) on Very Low Income Residents. For example, if the rate of tax imposed upon Residents on July 1, [2008] 2011 is 2.8325%, the rate of tax imposed on Very Low Income Residents during the calendar year January 1, [2009] 2012 through December 31, [2009] 2012 shall be 2.3325%. On January 1 of every year thereafter the rate of tax imposed on Very Low Income Residents would then be as follows:

(a) January 1, [2010] 2013 -- 1.8325%
(b) January 1, [2011] 2014 -- 1.3325%
(c) January 1, [2012] 2015 -- 0.8325%
(d) January 1, [2013] 2016 -- 0.3325%
(e) January 1, [2014] 2017 and thereafter -- no tax

(2) The rates of tax imposed on Very Low Income Non-Residents under §19-1502(1)(b) and (2)(b) on January 1, [2009] 2012 and thereafter shall be reduced in the...