Title
Amending Chapter 19-1200 of The Philadelphia Code, entitled Parking Tax, by establishing a rate of taxation on parking transactions for fiscal year 2009 and thereafter.
Body
THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS:
SECTION 1. Chapter 19-1200 of The Philadelphia Code is amended to read as follows:
CHAPTER 19-1200. PARKING TAX.
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§19-1202. Imposition and Rate of Tax.
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(b) There is hereby imposed upon every person parking or storing a motor vehicle in or on any parking facility in the City, and upon every person who leaves a motor vehicle with a valet for parking in the City, [on] between July 1, 1989 [and thereafter] and June 30, 2008, inclusive, a tax of fifteen percent (15%) of the amount charged for the transaction, and on July 1, 2008 and thereafter, a tax of twenty percent (20%) of the amount charged for the transaction, which tax shall be collected by the operator from the person parking or storing the vehicle, and shall be paid over to the City as provided herein. Pursuant to regulations to be issued by the Department, a valet parking operator shall be entitled to a credit against amounts remitted to the Department pursuant to Section 19-1203 in an amount equal to any parking tax paid by the valet parking operator to the operator of a parking facility on account of the parking of any motor vehicles with respect to which the valet parking operator collected and remitted a parking tax under this Section.
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Explanation:
[Brackets] indicate matter deleted.
Italics indicate new matter added.
End