Transmitting a bill amending Chapter 19-3200 of The Philadelphia Code, entitled "Keystone Opportunity Zone," to provide for the contingent exemption, abatement or credit of certain taxes within specified geographical areas, under certain terms and conditions, accompanied by an explanatory letter from the Director of Commerce.

AI summary

This communication transmitted a proposed bill to amend Philadelphia’s Keystone Opportunity Zone rules. The proposal would provide contingent exemptions, abatements, or credits for certain taxes in specified geographic areas, subject to stated terms and conditions; it was placed on file and did not itself enact those changes.