Title
Amending Chapter 19-1500 of The Philadelphia Code, entitled "Wage and Net Profits Tax," and Chapter 19-2800, entitled "Pennsylvania Intergovernmental Cooperation Authority Tax on Wages and Net Profits," to expand eligibility for wage tax and net profits tax relief; to further reduce wage and net profits tax rates for low-income non-residents; and to provide for grants to low-income City residents in an amount equivalent to the PICA portion of wage and net profits taxes paid; all under certain terms and conditions.
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THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS:
SECTION 1. Title 19 of The Philadelphia Code is hereby amended to read as follows:
TITLE 19. FINANCE, TAXES AND COLLECTIONS
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CHAPTER 19-1500. WAGE AND NET PROFITS TAX
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? 19-1501. Definitions.
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(4) Low Income Non-Residents. Non-Residents who are either: (a) in the class of individuals entitled to refund and/or forgiveness of taxes pursuant to State Low-Income Tax Provisions, including those who are eligible for the maximum refund and/or forgiveness available and those who are entitled to less than the maximum percentage [amount.] amount; or (b) in the class of individuals who would qualify for real estate tax relief under a program established under the Affordable Housing Tax Exemption Act, Act of July 11, 2022 P.L.703, No. 58, 72 P.S. ? 4728.102, et seq. (i.e., an individual whose income does not exceed the maximum annual income allowable for an eligible claimant to participate in the Pharmaceutical Assistance Contract for the Elderly Needs Enhancement Tier (PACENET)).
(5) Low Income Residents. Residents who are either: (a) in the class of individuals entitled to refund and/or forgiveness of taxes pursuant to State Low-Income Tax Provisions, including those who are eligible for the maximum refund and/or forgiveness available and those who are entitled to less than the maximum percentage [amount.] amount; or (b) in the class of individuals who would qualify ...
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