City of Philadelphia - File #: 110442

• File #: 110442
• Version: 0
• Type: Bill
• Status: ENACTED
• File created: 5/26/2011
• In control: Committee on the Environment
• Final action: 11/3/2011
• Title: Amending Chapter 19-2600 of The Philadelphia Code, entitled "Business Privilege Taxes," by changing the reporting requirement related to the Sustainable Business Tax Credit; all under certain terms and conditions.
• Sponsors: Councilmember Kenney, Councilmember Reynolds Brown
• Indexes: BUSINESS PRIVILEGE TAX
• Code sections: 19-2600 - Business Privilege Tax

Date	Ver.	Action By	Action	Result	Tally
11/14/2011	0	MAYOR	SIGNED
11/3/2011	0	CITY COUNCIL	READ AND PASSED	Pass	16:0
10/27/2011	0	CITY COUNCIL	ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR
10/27/2011	0	CITY COUNCIL	SUSPEND THE RULES OF THE COUNCIL	Pass
10/27/2011	0	CITY COUNCIL	ORDERED PLACED ON NEXT WEEK`S SECOND READING CALENDAR
10/26/2011	0	Committee on the Environment	HEARING NOTICES SENT
10/26/2011	0	Committee on the Environment	HEARING HELD
10/26/2011	0	Committee on the Environment	REPORTED FAVORABLY, RULE SUSPENSION REQUESTED
5/26/2011	0	CITY COUNCIL	Introduced and Referred	Pass

Title

Amending Chapter 19-2600 of The Philadelphia Code, entitled “Business Privilege Taxes,” by changing the reporting requirement related to the Sustainable Business Tax Credit; all under certain terms and conditions.

Body

THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS:

SECTION 1.      Chapter 19-2600 of The Philadelphia Code is hereby amended to read as follows:

CHAPTER 19-2600. BUSINESS PRIVILEGE TAXES.

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§19-2604. Tax Rates, Credits, and Alternative Tax Computation.

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(10)      Sustainable Business Tax Credit.

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      (d)      Reporting.

            (i)      The [Department of Revenue] Office of Sustainability shall by December 31 of each year submit a written report to the Mayor, with a copy to the President and Chief Clerk of Council, summarizing the City's experience during the prior tax year with the Sustainable Business Tax Credit. The first such report shall be submitted by December 31, 2013.

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______________________

Explanation:

[Brackets] indicate matter deleted.

Italics indicate new matter added.

End

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