Bill 140970

..Title Amending Chapter 19-3400 of The Philadelphia Code, entitled "Excise Tax on Outdoor Advertising Transactions," by revising the rate of the excise tax on outdoor advertising signs; amending Title 14 of The Philadelphia Code, entitled "Zoning and Planning," by further providing for revised sign controls; and amending Chapter 9-600 of The Philadelphia Code, entitled "Service and Other Businesses," by adjusting the licensing fees for commercial outdoor advertising signs and information required in the annual inventory of signs; all under certain terms and conditions. ..Body THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS: SECTION 1. Chapter 19-3400 of The Philadelphia Code is amended to read as follows: CHAPTER 19-3400. EXCISE TAX ON OUTDOOR ADVERTISING TRANSACTIONS. * * * §19-3402. Imposition and Rate of the Excise Tax. * * * (3) The rate of tax shall be equal to the total local sales tax rate, as established by Chapter 19-2700 of The Philadelphia Code [seven percent (7%) of the Purchase Price.], plus the rate of the sales and use tax imposed by the Commonwealth under Article II of the Tax Reform Code of 1971 (72 P.S. §7202). * * * SECTION 2. This Ordinance shall take effect July 1, 2015. ___________________________________ Explanation: [Brackets] indicate matter deleted. Italics indicate new matter added. ..End