THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS:
SECTION 1. Chapter 19-2600 of The Philadelphia Code is hereby amended as follows: CHAPTER 19-2600. BUSINESS INCOME AND RECEIPTS TAXES *
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§ 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 %
* * *
2021
1.415 mills
[6.20%]
6.10%
2022
1.415 mills
[6.20%]
6.00%
2023
1.415 mills
[6.15%]
5.75%
2024 [and thereafter]
1.415 mills
[6.10%]
5.5%
2025 and thereafter
1.415 mills
5.25%
*
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Explanation:
[Brackets] indicate matter deleted.
Italics
indicate new matter added.
End
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.
Jun 17, 2021 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 NOTICES SENT
Official action detail Source: LegislationDetail.aspx · gridLegislation
Jun 15, 2021 Council Action Committee of the Whole
RECESSED Other recorded action without a published tally.
Official action detail This Bill was RECESSED.
Source: LegislationDetail.aspx · gridLegislation
Procedural Committee of the Whole
HEARING NOTICES SENT
Official action detail This Bill was HEARING NOTICES SENT.
Source: LegislationDetail.aspx · gridLegislation
Jun 14, 2021 Council Action Committee of the Whole
RECESSED Other recorded action without a published tally.
Official action detail This Bill was RECESSED.
Source: LegislationDetail.aspx · gridLegislation
Procedural Committee of the Whole
HEARING NOTICES SENT
Official action detail This Bill was HEARING NOTICES SENT.
Source: LegislationDetail.aspx · gridLegislation
Jun 11, 2021 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 NOTICES SENT
Official action detail Source: LegislationDetail.aspx · gridLegislation
Jun 10, 2021 Council Action Committee of the Whole
RECESSED Other recorded action without a published tally.
Official action detail This Bill was RECESSED.
Source: LegislationDetail.aspx · gridLegislation
Procedural Committee of the Whole
HEARING NOTICES SENT
Official action detail This Bill was HEARING NOTICES SENT.
Source: LegislationDetail.aspx · gridLegislation
Jun 8, 2021 Council Action Committee of the Whole
RECESSED Other recorded action without a published tally.
Official action detail This Bill was RECESSED.
Source: LegislationDetail.aspx · gridLegislation
2 procedural actions Committee of the Whole + Procedural Committee of the Whole
HEARING NOTICES SENT
Official action detail This Bill was HEARING NOTICES SENT.
Source: LegislationDetail.aspx · gridLegislation
Procedural Committee of the Whole
HEARING HELD
Official action detail This Bill was HEARING HELD.
Source: LegislationDetail.aspx · gridLegislation
Jun 2, 2021 Council Action Committee of the Whole
RECESSED Other recorded action without a published tally.
Official action detail This Bill was RECESSED.
Source: LegislationDetail.aspx · gridLegislation
2 procedural actions Committee of the Whole + Procedural Committee of the Whole
HEARING HELD
Official action detail This Bill was HEARING HELD.
Source: LegislationDetail.aspx · gridLegislation
Procedural Committee of the Whole
HEARING NOTICES SENT
Official action detail This Bill was HEARING NOTICES SENT.
Source: LegislationDetail.aspx · gridLegislation
May 26, 2021 Council Action Committee of the Whole
RECESSED Other recorded action without a published tally.
Official action detail This Bill was RECESSED.
Source: LegislationDetail.aspx · gridLegislation
2 procedural actions Committee of the Whole + Procedural Committee of the Whole
HEARING HELD
Official action detail This Bill was HEARING HELD.
Source: LegislationDetail.aspx · gridLegislation
Procedural Committee of the Whole
HEARING NOTICES SENT
Official action detail This Bill was HEARING NOTICES SENT.
Source: LegislationDetail.aspx · gridLegislation
May 24, 2021 Council Action Committee of the Whole
RECESSED Other recorded action without a published tally.
Official action detail This Bill was RECESSED.
Source: LegislationDetail.aspx · gridLegislation
2 procedural actions Committee of the Whole + Procedural Committee of the Whole
HEARING HELD
Official action detail This Bill was HEARING HELD.
Source: LegislationDetail.aspx · gridLegislation
Procedural Committee of the Whole
HEARING NOTICES SENT
Official action detail This Bill was HEARING NOTICES SENT.
Source: LegislationDetail.aspx · gridLegislation
May 19, 2021 Council Action Committee of the Whole
RECESSED Other recorded action without a published tally.
Official action detail This Bill was RECESSED.
Source: LegislationDetail.aspx · gridLegislation
2 procedural actions Committee of the Whole + Procedural Committee of the Whole
HEARING HELD
Official action detail This Bill was HEARING HELD.
Source: LegislationDetail.aspx · gridLegislation
Procedural Committee of the Whole
HEARING NOTICES SENT
Official action detail This Bill was HEARING NOTICES SENT.
Source: LegislationDetail.aspx · gridLegislation
May 12, 2021 Council Action Committee of the Whole
RECESSED Other recorded action without a published tally.
Official action detail This Bill was RECESSED.
Source: LegislationDetail.aspx · gridLegislation
2 procedural actions Committee of the Whole + Procedural Committee of the Whole
HEARING HELD
Official action detail This Bill was HEARING HELD.
Source: LegislationDetail.aspx · gridLegislation
Procedural Committee of the Whole
HEARING NOTICES SENT
Official action detail This Bill was HEARING NOTICES SENT.
Source: LegislationDetail.aspx · gridLegislation
May 11, 2021 Council Action Committee of the Whole
RECESSED Other recorded action without a published tally.
Official action detail This Bill was RECESSED.
Source: LegislationDetail.aspx · gridLegislation
2 procedural actions Committee of the Whole + Procedural Committee of the Whole
HEARING HELD
Official action detail This Bill was HEARING HELD.
Source: LegislationDetail.aspx · gridLegislation
Procedural Committee of the Whole
HEARING NOTICES SENT
Official action detail This Bill was HEARING NOTICES SENT.
Source: LegislationDetail.aspx · gridLegislation
May 10, 2021 Council Action Committee of the Whole
RECESSED Other recorded action without a published tally.
Official action detail This Bill was RECESSED.
Source: LegislationDetail.aspx · gridLegislation
2 procedural actions Committee of the Whole + Procedural Committee of the Whole
HEARING HELD
Official action detail This Bill was HEARING HELD.
Source: LegislationDetail.aspx · gridLegislation
Procedural Committee of the Whole
HEARING NOTICES SENT
Official action detail This Bill was HEARING NOTICES SENT.
Source: LegislationDetail.aspx · gridLegislation
May 5, 2021 Council Action Committee of the Whole
RECESSED Other recorded action without a published tally.
Official action detail This Bill was RECESSED.
Source: LegislationDetail.aspx · gridLegislation
2 procedural actions Committee of the Whole + Procedural Committee of the Whole
HEARING HELD
Official action detail This Bill was HEARING HELD.
Source: LegislationDetail.aspx · gridLegislation
Procedural Committee of the Whole
HEARING NOTICES SENT
Official action detail This Bill was HEARING NOTICES SENT.
Source: LegislationDetail.aspx · gridLegislation
May 4, 2021 Council Action Committee of the Whole
RECESSED Other recorded action without a published tally.
Official action detail This Bill was RECESSED.
Source: LegislationDetail.aspx · gridLegislation
2 procedural actions Committee of the Whole + Procedural Committee of the Whole
HEARING HELD
Official action detail This Bill was HEARING HELD.
Source: LegislationDetail.aspx · gridLegislation
Procedural Committee of the Whole
HEARING NOTICES SENT
Official action detail This Bill was HEARING NOTICES SENT.
Source: LegislationDetail.aspx · gridLegislation
May 3, 2021 Council Action Committee of the Whole
RECESSED Other recorded action without a published tally.
Official action detail This Bill was RECESSED.
Source: LegislationDetail.aspx · gridLegislation
2 procedural actions Committee of the Whole + Procedural Committee of the Whole
HEARING HELD
Official action detail This Bill was HEARING HELD.
Source: LegislationDetail.aspx · gridLegislation
Procedural Committee of the Whole
HEARING NOTICES SENT
Official action detail This Bill was HEARING NOTICES SENT.
Source: LegislationDetail.aspx · gridLegislation
Apr 15, 2021 Published history entry CITY COUNCIL
Not available Please note: this meeting's minutes have not been finalized yet. Actions taken on legislation and their results are not available.