PASSED

This enacted ordinance amended Philadelphia’s Business Privilege Tax rules to create a $4,000 tax credit for businesses certified as sustainable by the Mayor’s Office of Sustainability. Up to 25 businesses could qualify in each tax year from 2012 through 2017, and the credit could be used only against the portion of the tax based on annual receipts, with no unused credit carried forward.

Amending Chapter 19-2600 of The Philadelphia Code, entitled "Business Privilege Taxes," by adding the definition of "certified sustainable business" and by excluding from the definition of receipts, any receipts from the specific business conducted by certain certified sustainable businesses, under certain terms and conditions.