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BillLAPSED

Bill 060090

Amending Section 19-2604 of The Philadelphia Code, relating to tax rates, credits and alternative tax computation for the business privilege tax, by reducing certain tax rates, under certain terms and conditions.

Introduced Feb 9, 2006Committee of the WholeOfficial record: City of Philadelphia via Legistar

Introduced by

Councilmember Nutter

From the floor

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

  1. “I'm sorry. , Bill No. 060090 will be 9/14/06 - STATED - 2ND READING withdrawn. On , we will hear the first three bills, Bill No. 060317, 318 and 319. On , we will hear Bill Nos. 060295 and 287. On , we will hear Bill Nos. 060518, 507. And, finally, on , Madam President, we will hear Bill Nos. 060505, 060509, 060506. All other bills will be held.”

    Councilwoman Blackwell · Stated Meeting, September 14, 2006 · Sep 14, 2006 · official transcript, this passage

  2. “Aye. The ayes are 14; the nays are zero. A majority of all members having voted in the affirmative, the bill passes. Again, the record will reflect that Bill No. 060090 has been withdrawn, and I would ask the Chief Clerk to please 9/14/06 - STATED - 2ND READING read the title of Bill No. 060317.”

    Council President Verna · Stated Meeting, September 14, 2006 · Sep 14, 2006 · official transcript, this passage

  3. “I thought you said passes. The bill fails. 5/25/06 - STATED - 2ND READING We will now consider Bill No. 060090.”

    Council President Verna · Stated Meeting, May 25, 2006 · May 25, 2006 · official transcript, this passage

  4. “To the President and members of the Council of the City of Philadelphia, the Committee of the Whole, to which was referred Bill No. 060001, entitled "An ordinance to adopt a Capital Program for the six Fiscal Years 2007 through 2012 inclusive"; and Bill No. 060002, entitled "An ordinance to adopt the Fiscal 2007 Capital Budget"; and Bill No. 060003, entitled "An ordinance adopting the Operating Budget for Fiscal Year…”

    The Clerk · Stated Meeting, May 4, 2006 · May 4, 2006 · official transcript, this passage

  5. “And Bill No. 060090, entitled "An ordinance amending Section 19-2604 of The Philadelphia Code, relating to tax rates, credits and alternative tax computation for the business privilege tax."”

    The Clerk · Stated Meeting, May 4, 2006 · May 4, 2006 · official transcript, this passage

Status timeline

  1. Feb 9, 2006Referred · CITY COUNCIL
  2. Feb 9, 2006Introduced · CITY COUNCIL
  3. Feb 27, 2006HEARING NOTICES SENT · Committee of the Whole
  4. Feb 27, 2006HEARING HELD · Committee of the Whole
  5. Feb 27, 2006RECESSED · Committee of the Whole
  6. Mar 1, 2006HEARING HELD · Committee of the Whole
  7. Mar 1, 2006RECESSED · Committee of the Whole
  8. Mar 7, 2006HEARING HELD · Committee of the Whole
  9. Mar 7, 2006RECESSED · Committee of the Whole
  10. Mar 8, 2006RECESSED · Committee of the Whole
  11. Mar 8, 2006HEARING HELD · Committee of the Whole
  12. Mar 14, 2006HEARING HELD · Committee of the Whole
  13. Mar 14, 2006RECESSED · Committee of the Whole
  14. Mar 15, 2006HEARING HELD · Committee of the Whole
  15. Mar 15, 2006RECESSED · Committee of the Whole
  16. Mar 21, 2006HEARING HELD · Committee of the Whole
  17. Mar 21, 2006RECESSED · Committee of the Whole
  18. Mar 22, 2006HEARING HELD · Committee of the Whole
  19. Mar 22, 2006RECESSED · Committee of the Whole
  20. Mar 28, 2006HEARING HELD · Committee of the Whole
  21. Mar 28, 2006RECESSED · Committee of the Whole
  22. Mar 29, 2006HEARING HELD · Committee of the Whole
  23. Mar 29, 2006RECESSED · Committee of the Whole
  24. Apr 4, 2006HEARING HELD · Committee of the Whole
  25. Apr 4, 2006RECESSED · Committee of the Whole
  26. Apr 5, 2006HEARING HELD · Committee of the Whole
  27. Apr 5, 2006RECESSED · Committee of the Whole
  28. Apr 6, 2006HEARING HELD · Committee of the Whole
  29. Apr 6, 2006RECESSED · Committee of the Whole
  30. Apr 19, 2006HEARING HELD · Committee of the Whole
  31. Apr 19, 2006RECESSED · Committee of the Whole
  32. Apr 27, 2006HEARING HELD · Committee of the Whole
  33. Apr 27, 2006RECESSED · Committee of the Whole
  34. May 4, 2006HEARING HELD · Committee of the Whole
  35. May 4, 2006REPORTED FAVORABLY, RULE SUSPENSION REQUESTED · Committee of the Whole
  36. May 4, 2006ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR · CITY COUNCIL
  37. May 4, 2006SUSPEND THE RULES OF THE COUNCIL · CITY COUNCIL
  38. May 4, 2006ORDERED PLACED ON NEXT WEEK`S SECOND READING CALENDAR · CITY COUNCIL
  39. Sep 14, 2006WITHDRAWN · CITY COUNCIL

Official documents

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

Full text

Read the full text as published

..Title Amending Section 19-2604 of The Philadelphia Code, relating to tax rates, credits and alternative tax computation for the business privilege tax, by reducing certain tax rates, under certain terms and conditions. ..Body THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS: SECTION 1. Section 19-2604 of The Philadelphia Code is amended to read as follows: §19-2604. Tax Rates, Credits, and Alternative Tax Computation. (1) Every business shall pay an annual tax on each dollar of annual receipts at the millage rate shown in the second column of the following chart ("Receipts rate in mills"), and an annual tax on net income at the percentage rate shown in the third column ("Net income rate %"), except that a regulated industry shall only pay an annual tax on each dollar of annual receipts at the millage rate shown in the second column, and in an amount not to exceed the percentage of net income shown in the third column: Tax year(s) Receipts rate in mills Net income rate % * * * * * * * * * 2005 1.90 mills 6.50% 2006 1.75 mills [6.50] 6.48% 2007 1.625 mills [6.50] 6.46% 2008 [and thereafter] 1.50 mills [6.50] 6.44% 2009 1.5 mills 6.42% 2010 and thereafter 1.5 mills 6.40% * * * _____________________________________ Explanation: [Brackets] indicate matter deleted. Italics indicate new matter added. 2