PASSED

The enacted ordinance changes Philadelphia’s wage and net profits tax and the Pennsylvania Intergovernmental Cooperation Authority tax on wages and net profits by excluding certain tuition benefits from taxable compensation. The exclusions cover qualified tuition reductions, certain benefits provided by nonprofit health systems connected to nonprofit universities, and employer reimbursements for education required to keep a job or professional license; the changes took effect immediately.

Amending Chapter 19-1500 of The Philadelphia Code, entitled "Wage and Net Profits Tax," and Chapter 19-2800 of The Philadelphia Code, entitled "Pennsylvania Intergovernmental Cooperation Authority Tax on Wages and Net Profits," by excluding certain tuition reduction benefits from the definition of taxable compensation, under certain terms and conditions.