READ AND PASSED
This enacted ordinance corrects a date error in the Philadelphia Code concerning the resident Net Profits Tax. It clarifies that the 2.3398% rate applied from January 1 through December 31, 2021, and that the reduced 2.29% rate applies beginning January 1, 2022, and thereafter, affecting Philadelphia residents who owe this tax.
Amending Bill No. 220401, entitled "An Ordinance Amending Chapter 19-1500 of The Philadelphia Code, entitled 'Wage and Net Profits Tax,' by revising certain tax rates, under certain terms and conditions," to correct a typographical error in stating the period in which a reduction in the resident Net Profits Tax rate is applicable.
Action by CITY COUNCIL
A motion was made that this Bill be READ AND PASSED. The motion carried by the following vote:
Roll Call
| Member | Vote |
|---|---|
| Brian J. O'Neill | Yes |
| Cindy Bass | Yes |
| Curtis Jones, Jr. | Yes |
| Darrell L. Clarke | Yes |
| David Oh | Yes |
| Helen Gym | Yes |
| Isaiah Thomas | Yes |
| Jamie Gauthier | Yes |
| Katherine Gilmore Richardson | Yes |
| Kendra Brooks | Yes |
| Kenyatta Johnson | Yes |
| Mark Squilla | Yes |
| Michael Driscoll | Yes |