civus
BillENACTED

Bill 060630

Amending Section 19-2604 of The Philadelphia Code, entitled "Tax Rates, Credits, and Alternative Tax Computation," by amending the provisions of the new job creation tax credit with respect to businesses that create new jobs for ex-offenders; all under certain terms and conditions.

Introduced Sep 14, 2006Committee on Commerce & Economic DevelopmentOfficial record: City of Philadelphia via Legistar

Introduced by

Councilmember GoodeCouncilmember ClarkeCouncilmember Reynolds BrownCouncilmember MillerCouncilmember RamosCouncilmember 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. “To the President and members of the Council of the City of Philadelphia, the Committee on Commerce and Economic Development, to which was referred Bill No. 060630, entitled "An ordinance amending Section 19-2604 of The Philadelphia Code, entitled 'Tax Rates, Credits and Alternative Tax Computation,' of the new job creation tax credit with respect to businesses that create new jobs for ex-offenders, all under certain…”

    Chief Clerk · Stated Meeting, October 19, 2006 · Oct 19, 2006 · official transcript, this passage

  2. “Thank you, Madam President. I move that the rules of Council be suspended so as to permit first reading this day of Bill No. 060630. (Duly seconded.)”

    Councilman Goode · Stated Meeting, October 19, 2006 · Oct 19, 2006 · official transcript, this passage

  3. “And Bill No. 060630, an ordinance amending Section 19-2604 of The Philadelphia Code, entitled "Tax Rates, Credits and Alternative Tax Computation," by amending the provisions of the new job creation tax credit with respect to businesses that create new jobs for ex-offenders, and conditions.”

    Chief Clerk · Stated Meeting, October 19, 2006 · Oct 19, 2006 · official transcript, this passage

Status timeline

  1. Sep 14, 2006Referred · CITY COUNCIL
  2. Sep 14, 2006Introduced · CITY COUNCIL
  3. Oct 5, 2006HEARING NOTICES SENT · Committee on Commerce & Economic Development
  4. Oct 5, 2006REPORTED FAVORABLY, RULE SUSPENSION REQUESTED · Committee on Commerce & Economic Development
  5. Oct 5, 2006HEARING HELD · Committee on Commerce & Economic Development
  6. Oct 19, 2006ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR · CITY COUNCIL
  7. Oct 19, 2006SUSPEND THE RULES OF THE COUNCIL · CITY COUNCIL
  8. Oct 19, 2006ORDERED PLACED ON NEXT WEEK`S SECOND READING CALENDAR · CITY COUNCIL
  9. Oct 26, 2006READ · CITY COUNCIL
  10. Oct 26, 2006PASSED · CITY COUNCIL
  11. Nov 16, 2006SIGNED · MAYOR

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, entitled "Tax Rates, Credits, and Alternative Tax Computation," by amending the provisions of the new job creation tax credit with respect to businesses that create new jobs for ex-offenders; all 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 hereby amended to read as follows: §19-2604. Tax Rates, Credits, and Alternative Tax Computation. * * * (7) Credit for New Job Creation. * * * (d) Tax Credits. (1) Maximum amount. A business may claim a tax credit in an amount equal to two percent of the annual wages paid for each new job, or $1,000 per new job created (or $5,000 per new job created in the case of new employment opportunities for ex-offenders), whichever is higher, up to the maximum job creation amount specified in the commitment letter. * * * _____________________________________ Explanation: [Brackets] indicate matter deleted. Italics indicate new matter added. ..End 2