City of Philadelphia - File #: 020309

• File #: 020309
• Version: 1
• Type: Bill
• Status: LAPSED
• File created: 5/9/2002
• In control: Committee of the Whole
• Title: Amending Chapter 19-1500 of The Philadelphia Code, entitled "Wage and Net Profits Tax," by decreasing in stages the rates of the tax imposed upon certain low income persons, all under certain terms and conditions.
• Sponsors: Councilmember Cohen, Councilmember Nutter, Councilmember Goode, Councilmember Ortiz, Councilmember Tasco, Councilmember Miller, Councilmember Blackwell, Council President Verna, Councilmember DiCicco, Councilmember Mariano, Councilmember Kenney
• Indexes: WAGE AND NET PROFITS TAX
• Code sections: 19-1500 - Wage and Net Profits Tax, 19-1501 - Definitions, 19-1508 - Refunds and Forgiveness For Poverty Income

Date	Ver.	Action By	Action	Result	Tally
6/6/2002	1	CITY COUNCIL	READ
6/6/2002	1	CITY COUNCIL	TABLED	Pass	9:8
5/16/2002	1	CITY COUNCIL	ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR
5/16/2002	1	CITY COUNCIL	SUSPEND THE RULES OF THE COUNCIL	Pass
5/16/2002	1	CITY COUNCIL	ORDERED PLACED ON NEXT WEEK`S SECOND READING CALENDAR
5/15/2002	0	Committee of the Whole	HEARING NOTICES SENT
5/15/2002	0	Committee of the Whole	HEARING HELD
5/15/2002	0	Committee of the Whole	AMENDED
5/15/2002	1	Committee of the Whole	REPORTED FAVORABLY, RULE SUSPENSION REQUESTED
5/9/2002	0	CITY COUNCIL	Referred
5/9/2002	0	CITY COUNCIL	Introduced	Pass

Title
Amending Chapter 19-1500 of The Philadelphia Code, entitled "Wage and Net Profits Tax," by decreasing in stages the rates of the tax imposed upon certain low income persons, 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, entitled "Wage and Net Profits Tax," is hereby amended to read as follows:

CHAPTER 19-1500. WAGE AND NETS PROFITS TAX

§19-1501. Definitions.

* * *

(9) Special Tax Provisions For Poverty Under State Law. The state law provisions for refund and forgiveness of Commonwealth taxes based on poverty income set forth in Section 304 of the Tax Reform Code of 1971 (Act of March 4, 1971, P.L. 6, No. 2), as added by the Act of March 13, 1974 (P.L. 179, No. 32), 72 P.S. § 7304, and as amended from time to time.

* * *

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

(1) Notwithstanding anything in this Chapter to the contrary, the rate of tax imposed under this Chapter upon the sources of income taxable under Section 19-1502 for persons who qualify for a total refund or forgiveness of state taxes under the Special Tax Provisions for Poverty Under State Law for a particular calendar year shall be, in that same calendar year, as follows:


Residents
Non-residents
January 1, 2003 through December 31, 2003


2.5%

3.4127%
January 1, 2004 through December 31, 2004

2.0%

2.9127%
January 1, 2005 through December 31, 2005

1.5%

2.4127%
January 1, 2006 through December 31, 2006

1.0%

1.9127%
January 1, 2007 through December 31, 2007

.5%

1.4127%
January 1, 2008 and thereafter

0%
.9127%

(2) Notwithstanding anything in this Chapter to the contrary, the rate of tax imposed upon the sources of income taxable under Section 19-1502 for persons who qualify for a partial refund or forgiveness of state taxes under the Special Tax Provisions for Poverty Under State Law for a particular ca...