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Back to search resultsCOMMUNICATION 040665

Transmitting a bill providing for the contingent exemption, abatement or credit of certain taxes within specified geographic areas, including by amending Bill No. 030242 (approved May 29, 2003), relating to the boundaries of the Keystone Opportunity Improvement Zone, and by amending Chapter 19-3200 of The Philadelphia Code, entitled "Keystone Opportunity Zone," including by revising the conditions for exemption from net profits tax and by clarifying and amending the provisions relating to relocating businesses, all under certain terms and conditions.

AI summary

This communication transmitted a proposed bill concerning contingent exemptions, abatements, or credits for certain taxes in specified geographic areas. The proposal would amend the boundaries of the Keystone Opportunity Improvement Zone, revise conditions for exemption from the net profits tax, and clarify rules for businesses that relocate; the item was placed on file and does not establish current law.

File details

Status
PLACED ON FILE
Introduced
June 3, 2004
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Full text

Title

Transmitting a bill providing for the contingent exemption, abatement or credit of certain taxes within specified geographic areas, including by amending Bill No. 030242 (approved May 29, 2003), relating to the boundaries of the Keystone Opportunity Improvement Zone, and by amending Chapter 19-3200 of The Philadelphia Code, entitled “Keystone Opportunity Zone,” including by revising the conditions for exemption from net profits tax and by clarifying and amending the provisions relating to relocating businesses, all under certain terms and conditions.

End

File history

Sometimes city council's record keeping is not complete. This timeline reflects the information on the council's legistar website.
  1. Council actionCITY COUNCIL

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