PASSED

The enacted bill amended Philadelphia’s School Tax Authorization rules to further authorize the School District of Philadelphia’s Board of Education to impose a tax on people or businesses using or occupying real estate for commercial or industrial activity. The tax may be based on the property’s assessed value, at a rate of up to $4.62 per $100 of assessed value, for tax years beginning July 1, 2001, and thereafter.

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, under certain terms and conditions.