PASSED

This enacted measure created a Philadelphia Internship Tax Credit for tax years 2012 and 2013. Eligible businesses could claim up to $600, or 40% of an intern’s pay, against their Business Privilege Tax, subject to limits on the number of businesses and internships, a minimum wage of $8 per hour, and requirements intended to prevent replacing regular employees; businesses providing at least three internships could receive additional credits.

Amending Chapter 19-2600 of The Philadelphia Code, entitled "Business Privilege Taxes," by creating the "Philadelphia Internship Tax Credit," under certain terms and conditions.