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BillENACTED

Bill 010372

Amending Chapter 19-3200 of The Philadelphia Code, entitled "Keystone Opportunity Zone," by extending the time period for exemptions, abatements or credits from certain taxes, under certain terms and conditions.

Introduced May 24, 2001Committee of the WholeOfficial record: City of Philadelphia via Legistar

Introduced by

Council President VernaCouncilmember Blackwell

From the floor

Passages in the official transcripts that cite this file number. Every quote links to its exact place in the record.

  1. “Aye. The ayes are 17, the nays are 0. A majority of all members having voted in the affirmative, the bill passes The next bill to be called for consideration is Bill No. 010372”

    Council President Verna · Stated Meeting, September 13, 2001 · Sep 13, 2001 · official transcript, this passage

  2. “To the President and members COMMITTEE REPORTS of the Council of the City of Philadelphia, the Committee of the Whole to which was referred: Bill No. 010372, an ordinance amending Chapter 19-32 of the Philadelphia Code, entitled "Keystone Opportunity Zone," by extending the time period for exemptions, abatements or credits from certain tax, under certain terms and conditions; And Resolution No. 000422, a resolution a…”

    The Clerk · Stated Meeting, June 14, 2001 · Jun 14, 2001 · official transcript, this passage

  3. “Thank you, Madam President. I move that the rules of Council COMMITTEE REPORTS be suspended so as to permit first reading this day of Bill No. 010372.”

    Councilwoman Blackwell · Stated Meeting, June 14, 2001 · Jun 14, 2001 · official transcript, this passage

  4. “It has been moved and properly seconded that the rules of Council be suspended so as to permit first reading this day of Bill No. 010372. All in favor will indicate by saying aye. Those opposed? The ayes have it and Bill No. 010372 will be placed on today's first-reading calendar. Councilman Cohen, would you like to make a motion regarding the resolutions? I don't think that it's necessary that we vote on each resolu…”

    Council President Verna · Stated Meeting, June 14, 2001 · Jun 14, 2001 · official transcript, this passage

  5. “Bill No. 010372, an ordinance amending Chapter 19-3200 of the Philadelphia Code, entitled "Keystone Opportunity Zone," by extending the time period for exemptions, abatements, or credits from certain taxes, under certain terms and conditions.”

    The Clerk · Stated Meeting, June 14, 2001 · Jun 14, 2001 · official transcript, this passage

Status timeline

  1. May 24, 2001Referred · CITY COUNCIL
  2. May 24, 2001Introduced · CITY COUNCIL
  3. Jun 12, 2001HEARING NOTICES SENT · Committee of the Whole
  4. Jun 12, 2001REPORTED FAVORABLY, RULE SUSPENSION REQUESTED · Committee of the Whole
  5. Jun 12, 2001HEARING HELD · Committee of the Whole
  6. Jun 14, 2001ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR · CITY COUNCIL
  7. Jun 14, 2001SUSPEND THE RULES OF THE COUNCIL · CITY COUNCIL
  8. Jun 14, 2001ORDERED PLACED ON NEXT WEEK`S SECOND READING CALENDAR · CITY COUNCIL
  9. Sep 13, 2001READ · CITY COUNCIL
  10. Sep 13, 2001PASSED · CITY COUNCIL
  11. Oct 4, 2001NO ACTION TAKEN · MAYOR

Official documents

Documents open on the City of Philadelphia’s legislative site.

Full text

Read the full text as published

..Title Amending Chapter 19-3200 of The Philadelphia Code, entitled "Keystone Opportunity Zone," by extending the time period for exemptions, abatements or credits from certain taxes, under certain terms and conditions. ..Body THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS: SECTION 1. Chapter 19-3200 of The Philadelphia Code is amended to read as follows: CHAPTER 19-3200. KEYSTONE OPPORTUNITY ZONE * * * §19-3203. Authorization of Exemption, Abatement or Credits from Certain Taxes. Effective as of January 1, 1999, and continuing through and including December 31, 2010, with respect to real property or business activity, as applicable, attributable to those portions of the Keystone Opportunity Zone generally known as PIDC Northeast Industrial Parks (East), Byberry East Industrial Park; and Upper Delaware River; all as set forth in subsection 19-3201(1); effective as of January 1, 1999, and continuing through and including December 31, 2013, with respect to real property or business activity, as applicable, attributable to any portion of the Keystone Opportunity Zone other than that set forth immediately above; and effective as of January 1, 2001, and continuing through and including December 31, 2013, with respect to real property or business activity, as applicable, attributable to the Keystone Opportunity Expansion Zone, the following provisions shall apply: * * * SECTION 2. This Ordinance shall be effective only for such period of time as the Commonwealth provides for exemptions, abatements or credits with respect to sales and use tax, personal income tax, corporate net income tax and capital stock franchise tax for businesses and residents in The Philadelphia Keystone Opportunity Zone, as set forth in The Pennsylvania Keystone Opportunity Zone Act, P.L. 705, No. 92, as amended, and only in such Zone as is designated by the Commonwealth. ___________________________________ Explanation: Italics indicate new matter added. ..End