Amending Chapter 19-2600 of The Philadelphia Code, entitled "Business Privilege Taxes," by changing the reporting requirement related to the Sustainable Business Tax Credit; all under certain terms and conditions.
CKCouncilmember KenneyCRCouncilmember Reynolds Brown
Full Bill
THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS:
SECTION 1. Chapter 19-2600 of The Philadelphia Code is hereby amended to read as follows:
CHAPTER 19-2600. BUSINESS PRIVILEGE TAXES.
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§19-2604. Tax Rates, Credits, and Alternative Tax Computation.
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(10) Sustainable Business Tax Credit.
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(d) Reporting.
(i) The [Department of Revenue]
Office of Sustainability
shall by December 31 of each year submit a written report to the Mayor, with a copy to the President and Chief Clerk of Council, summarizing the City's experience during the prior tax year with the Sustainable Business Tax Credit. The first such report shall be submitted by December 31, 2013.
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Explanation:
[Brackets] indicate matter deleted.
Italics
indicate new matter added.
End
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Timeline
File history
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Marked unanimous; no member-by-member tally published.
Pass
Official action detail
A motion was made by Councilmember Kenney that this matter be Introduced and Referred to the Committee on the Environment. The motion carried unanimously.