PASSED

This enacted measure amended Philadelphia’s school tax authorization law to allow the School District of Philadelphia’s Board of Education to impose a tax on the use or occupancy of real estate for business, trade, professional, commercial, or industrial activity. The tax is charged to the person or organization using or occupying the property and may be calculated at up to $4.62 per $100 of assessed value for the tax year beginning July 1, 2001.

Amending Chapter 19-1800 of The Philadelphia Code, entitled "School Tax Authorization," by amending Section 19-1806 to further authorize the Board of Education of the School District of Philadelphia to impose a tax on the use or occupancy of real estate within the School District of Philadelphia.