header-left
Share to Facebook Share to Twitter Bookmark and Share
File #: 170022    Version: 0 Name:
Type: Bill Status: LAPSED
File created: 1/26/2017 In control: Committee on Finance
On agenda: Final action:
Title: Amending Chapter 19-2600 of The Philadelphia Code, entitled "Business Income and Receipts Taxes," by providing for a tax credit for large employers who employ low skill employees, as well as providing exemptions from certain charges and taxes imposed by Chapter 19-1600, entitled "Water and Sewer Rents," and Chapter 19-2700, entitled "Sales and Use Tax and Hotel Occupancy Tax," all under certain terms and conditions.
Sponsors: Councilmember Oh
Indexes: BUSINESS INCOME AND RECEIPTS TAXES
Code sections: 19-2600 - Business Income and Reciepts Tax
Attachments: 1. Bill No. 17002200.pdf
Title
Amending Chapter 19-2600 of The Philadelphia Code, entitled "Business Income and Receipts Taxes," by providing for a tax credit for large employers who employ low skill employees, as well as providing exemptions from certain charges and taxes imposed by Chapter 19-1600, entitled "Water and Sewer Rents," and Chapter 19-2700, entitled "Sales and Use Tax and Hotel Occupancy Tax," all under certain terms and conditions.

Body
THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS:

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

CHAPTER 19-1600. WATER AND SEWER RENTS.

* * *

§ 19-1602. Acquisition of Property by the City or Qualification for the Tax Credit for Large Employers Who Employ Low Skill Employees.

(1) When any vacant or unoccupied premises are acquired by the City, charges for water and sewer, including charges relating to storm water management and disposal, shall terminate on the date that such premises are acquired.

(2) When an employer qualifies for the Tax Credit for Large Employers Who Employ Low Skill Employees under § 19-2604(17), charges relating to storm water management and disposal on that employer's premises shall terminate on the date of such qualification and shall resume when such employer is no longer so qualified.

* * *

CHAPTER 19-2600. BUSINESS INCOME AND RECEIPTS TAXES.

* * *

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

* * *

(17) Large Employers Who Employ Low Skill Employees Tax Credit

(a) Definitions. In this subsection, the following definitions shall apply:

(.1) Large Employer. An employer which has one thousand (1,000) or more full-time employees, including full-time equivalent employees, on average during the prior year. To determine its workforce size for a year, an employer adds its total number of full-time employees for each month of the prior calendar year to the total...

Click here for full text