This bill changes the tax rates for businesses in Philadelphia and removes some exceptions to the tax on receipts. It affects businesses that pay the Business Income and Receipts Tax in the city. The changes aim to update the tax system under specific conditions.

Amending Chapter 19-2600 of The Philadelphia Code, entitled "Business Income and Receipts Taxes," to revise tax rates and end certain exclusions from the tax on receipts, all under certain terms and conditions.