THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS:
SECTION 1. Section 19-2604 of The Philadelphia Code is amended to read as follows: §19-2604. Tax Rates, Credits, and Alternative Tax Computation. (1) Every business shall pay an annual tax on each dollar of annual receipts at the millage rate shown in the second column of the following chart (Receipts rate in mills), and an annual tax on net income at the percentage rate shown in the third column (Net income rate %), except that a regulated industry shall only pay an annual tax on each dollar of annual receipts at the millage rate shown in the second column, and in an amount not to exceed the percentage of net income shown in the third column:
Tax year(s)
Receipts rate in mills
Net income rate %
* * *
* * *
* * *
2005
1.90 mills
6.50%
2006
1.75 mills
[6.50]
6.48
%
2007
1.625 mills
[6.50]
6.46
%
2008 [and thereafter]
1.50 mills
[6.50]
6.44
%
2009
1.5 mills
6.42%
2010 and thereafter
1.5 mills
6.40%
* * *
_____________________________________
Explanation:
[Brackets] indicate matter deleted.
Italics
indicate new matter added.
2
A file can move through several public steps, including introduction, hearings, amendments, votes and final action. This timeline puts those events in date order, groups routine entries from the same day, and attaches published member votes to the action they record.
Sep 14, 2006 Procedural CITY COUNCIL
WITHDRAWN
Official action detail Source: LegislationDetail.aspx · gridLegislation
May 4, 2006 5 procedural actions CITY COUNCIL · Committee of the Whole + Procedural CITY COUNCIL
ORDERED PLACED ON NEXT WEEK`S SECOND READING CALENDAR
Official action detail Source: LegislationDetail.aspx · gridLegislation
Unanimous CITY COUNCIL
SUSPEND THE RULES OF THE COUNCIL Pass
Official action detail A motion was made by Councilmember Blackwell that this matter be SUSPEND THE RULES OF THE COUNCIL. The motion carried unanimously.
Source: LegislationDetail.aspx · gridLegislation
Procedural CITY COUNCIL
ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR
Official action detail Source: LegislationDetail.aspx · gridLegislation
Procedural Committee of the Whole
REPORTED FAVORABLY, RULE SUSPENSION REQUESTED
Official action detail Source: LegislationDetail.aspx · gridLegislation
Procedural Committee of the Whole
HEARING HELD
Official action detail Source: LegislationDetail.aspx · gridLegislation
Apr 27, 2006 Council Action Committee of the Whole
RECESSED Other recorded action without a published tally.
Official action detail Held until 5/4/06 @ 9:30 AM.
Source: LegislationDetail.aspx · gridLegislation
Procedural Committee of the Whole
HEARING HELD
Official action detail Source: LegislationDetail.aspx · gridLegislation
Apr 19, 2006 Council Action Committee of the Whole
RECESSED Other recorded action without a published tally.
Official action detail Source: LegislationDetail.aspx · gridLegislation
Procedural Committee of the Whole
HEARING HELD
Official action detail Source: LegislationDetail.aspx · gridLegislation
Apr 6, 2006 Council Action Committee of the Whole
RECESSED Other recorded action without a published tally.
Official action detail Source: LegislationDetail.aspx · gridLegislation
Procedural Committee of the Whole
HEARING HELD
Official action detail Source: LegislationDetail.aspx · gridLegislation
Apr 5, 2006 Council Action Committee of the Whole
RECESSED Other recorded action without a published tally.
Official action detail Source: LegislationDetail.aspx · gridLegislation
Procedural Committee of the Whole
HEARING HELD
Official action detail Source: LegislationDetail.aspx · gridLegislation
Apr 4, 2006 Council Action Committee of the Whole
RECESSED Other recorded action without a published tally.
Official action detail Source: LegislationDetail.aspx · gridLegislation
Procedural Committee of the Whole
HEARING HELD
Official action detail Source: LegislationDetail.aspx · gridLegislation
Mar 29, 2006 Council Action Committee of the Whole
RECESSED Other recorded action without a published tally.
Official action detail Source: LegislationDetail.aspx · gridLegislation
Procedural Committee of the Whole
HEARING HELD
Official action detail Source: LegislationDetail.aspx · gridLegislation
Mar 28, 2006 Council Action Committee of the Whole
RECESSED Other recorded action without a published tally.
Official action detail Source: LegislationDetail.aspx · gridLegislation
Procedural Committee of the Whole
HEARING HELD
Official action detail Source: LegislationDetail.aspx · gridLegislation
Mar 22, 2006 Council Action Committee of the Whole
RECESSED Other recorded action without a published tally.
Official action detail Source: LegislationDetail.aspx · gridLegislation
Procedural Committee of the Whole
HEARING HELD
Official action detail Source: LegislationDetail.aspx · gridLegislation
Mar 21, 2006 Council Action Committee of the Whole
RECESSED Other recorded action without a published tally.
Official action detail Source: LegislationDetail.aspx · gridLegislation
Procedural Committee of the Whole
HEARING HELD
Official action detail Source: LegislationDetail.aspx · gridLegislation
Mar 15, 2006 Council Action Committee of the Whole
RECESSED Other recorded action without a published tally.
Official action detail Source: LegislationDetail.aspx · gridLegislation
Procedural Committee of the Whole
HEARING HELD
Official action detail Source: LegislationDetail.aspx · gridLegislation
Mar 14, 2006 Council Action Committee of the Whole
RECESSED Other recorded action without a published tally.
Official action detail Source: LegislationDetail.aspx · gridLegislation
Procedural Committee of the Whole
HEARING HELD
Official action detail Source: LegislationDetail.aspx · gridLegislation
Mar 8, 2006 Council Action Committee of the Whole
RECESSED Other recorded action without a published tally.
Official action detail Source: LegislationDetail.aspx · gridLegislation
Procedural Committee of the Whole
HEARING HELD
Official action detail Source: LegislationDetail.aspx · gridLegislation
Mar 7, 2006 Council Action Committee of the Whole
RECESSED Other recorded action without a published tally.
Official action detail Source: LegislationDetail.aspx · gridLegislation
Procedural Committee of the Whole
HEARING HELD
Official action detail Source: LegislationDetail.aspx · gridLegislation
Mar 1, 2006 Council Action Committee of the Whole
RECESSED Other recorded action without a published tally.
Official action detail Source: LegislationDetail.aspx · gridLegislation
Procedural Committee of the Whole
HEARING HELD
Official action detail Source: LegislationDetail.aspx · gridLegislation
Feb 27, 2006 Council Action Committee of the Whole
RECESSED Other recorded action without a published tally.
Official action detail Source: LegislationDetail.aspx · gridLegislation
2 procedural actions Committee of the Whole + Procedural Committee of the Whole
HEARING HELD
Official action detail Source: LegislationDetail.aspx · gridLegislation
Procedural Committee of the Whole
HEARING NOTICES SENT
Official action detail Source: LegislationDetail.aspx · gridLegislation
Feb 9, 2006 Unanimous CITY COUNCIL
Introduced Marked unanimous; no member-by-member tally published.
Pass
Official action detail A motion was made by Councilmember Nutter that this matter be Introduced. The motion carried unanimously.
Source: LegislationDetail.aspx · gridLegislation
Procedural CITY COUNCIL
Referred
Official action detail Source: LegislationDetail.aspx · gridLegislation