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BillENACTED

Bill 170515

Amending Chapter 19-3200 of The Philadelphia Code, entitled "Keystone Opportunity Zone, Economic Development District, and Strategic Development Area," to provide for extension of certain benefits, under certain terms and conditions.

Introduced May 18, 2017Committee on FinanceOfficial record: City of Philadelphia via Legistar

Introduced by

Council President ClarkeCouncilmember Johnson

From the floor

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

  1. “Bill No. 170196, entitled "An ordinance to adopt a Fiscal 2018 Capital Budget"; and Bill No. 170242, entitled "An ordinance granting permission to Stephen Ngo, owner and operator of Royal Tea Food Truck located in the right-of-way on the north side of Norris Street between 13th Street and Broad Street, to install, use Stated Meeting June 15, 2017 certain electrical wires, conduits and appurtenances in, under and over…”

    Chief Clerk · Stated Meeting, June 15, 2017 · Jun 15, 2017 · official transcript, this passage

  2. “The Committee on Finance, to which was referred Bill No. 170432, entitled "An ordinance constituting the Fourteenth Supplemental Ordinance to the General Gas Works Revenue Bond Ordinance of 1998; authorizing the City of Philadelphia to sell, either at public or private sale, one or more series of Gas Works Revenue Bonds and Gas Works Revenue Bonds to refund such bonds"; and Bill No. 170433, entitled "An Stated Meetin…”

    Chief Clerk · Stated Meeting, June 8, 2017 · Jun 8, 2017 · official transcript, this passage

Status timeline

  1. May 18, 2017Introduced and Referred · CITY COUNCIL
  2. Jun 5, 2017HEARING NOTICES SENT · Committee on Finance
  3. Jun 5, 2017HEARING HELD · Committee on Finance
  4. Jun 5, 2017REPORTED FAVORABLY, RULE SUSPENSION REQUESTED · Committee on Finance
  5. Jun 8, 2017ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR · CITY COUNCIL
  6. Jun 8, 2017SUSPEND THE RULES OF THE COUNCIL · CITY COUNCIL
  7. Jun 8, 2017READ AND ORDERED PLACED ON NEXT WEEK'S SECOND READING CALENDAR · CITY COUNCIL
  8. Jun 15, 2017READ AND PASSED · CITY COUNCIL
  9. Jun 21, 2017SIGNED · 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, Economic Development District, and Strategic Development Area," to provide for extension of certain benefits, 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 hereby amended to read as follows: CHAPTER 19-3200. KEYSTONE OPPORTUNITY ZONE, ECONOMIC DEVELOPMENT DISTRICT, AND STRATEGIC DEVELOPMENT AREA. * * * § 19-3203. Authorization of Exemption, Abatement or Credits from Certain Taxes. (1) The provisions set forth in subsections (.1) through (.6) below, shall apply as follows: * * * (j) with respect to real property or business activity, as applicable, attributable to certain parcels in certain Keystone Opportunity Zones, Keystone Opportunity Expansion Subzones, and Keystone Opportunity Improvement Zones, more particularly identified in subsection (5) of this Section, effective on the earlier of (i) the date on which such parcel is occupied by a qualified business; and (ii) the date on which any existing benefits under this Section expire with respect to such parcel; or on such other date as DCED shall establish; and continuing for a period of ten years from commencement; provided that the exemption from sales and use tax set forth at subsection (.5) below shall be effective on such date as DCED shall establish. * * * (5) The benefits provided for in subsection (1)(j) shall apply to: Property address OPA Account No. (A) 205 Rouse Boulevard (Navy Yard Parcel 7LL) 788010014 (B) 1201 Normandy Place (Navy Yard Parcel 7NN) 885765060 (C) 300 Rouse Boulevard (Navy Yard 7SS) 788043300 (D) 400 Rouse Boulevard (Navy Yard Parcel 7UU) 788043500 (E) 4950 Basin Bridge Road (Navy Yard Parcel 2) 788001001 (F) 1401 Langley Avenue (Navy yard Parcel 3) 787002012 (G) 4490 R Basin Bridge Road (Navy Yard Parcel 3A) 788002101 (H) 4700 Basin Bridge Road (Navy Yard Parcel 4B) 788002101 (I) 1100 Flagship Drive (Navy Yard Parcel 7DD) 788044100 (J) 4801 S. 12th Street (Navy Yard Parcel 7K) 788032100 (K) 4901 S. 13th Street (Navy Yard Parcel 7L) 788034200 (L) 1200 Kitty Hawk Avenue (Navy Yard Parcel 7T) 788040200 (M) 5001 S. 13th Street (Navy Yard Parcel 7Y) 885764320 (N) 5000 S. 11th Street (Navy Yard Parcel 7Z) 885764060 (O) 4501 League Island Boulevard (Parcel 8) 885763280 (P) 2 Mustin Street (Navy Yard Parcel 8B) 875100920 (Q) 5001 League Island Boulevard (Navy Parcel 9) 788015002 (R) 4621 Basin Bridge Road (Navy Yard Parcel 10) 788005501 (S) 5501 Tacony St. 874584730 (T) 9450 Ashton Rd. 885918440 (U) 9470 Ashton Rd. 885918840 (V) 1627-29 S. 49th St. 885891720 (W) 1633 S. 49th St. 885891580 (X) 1635 S. 49th St. 885891540 (Y) 1700 S. 49th St. 885916780 (Z) 3000 S. 56th St. 885904660 (AA) 5736 Eastwick Ave. 884159000 (BB) 2731 S. 58th St. 858479820 (CC) 2830 S. 56th St. 885905080 (DD) 2751 S. 58th St. 885905080 (EE) 14000 Townsend Rd. 885924100 (FF) 14515 McNulty Rd. 885923920 (GG) 3025 Meetinghouse Rd. 884292903 (HH) 15000 E. Roosevelt Blvd. 885754180 (II) 2021 Woodhaven Rd. 885074550 (JJ) 7411 Holstein Ave. 885905500 (KK) 3309 S. Galloway St. 884463840 (LL) 3401 S. Lawrence St. 884152200 (MM) 11430 Northeast Blvd. 885752920 (NN) 11450 Northeast Blvd. 885240560 (OO) 4870 Jefferson St. 885712500 (PP) 4900 Jefferson St. 885897405 (QQ) 4901 Jefferson St. 885897401 (RR) 4800 Jefferson St. (Subdivision of 4700 Jefferson) 884897402 (SS) 1 Red Lion Road 885821640 (TT) 10098 Sandmeyer Lane 884237645 * * * SECTION 2. This Ordinance shall be effective upon approval by the Commonwealth Department of Community and Economic Development of an application for the expansion and extension of certain zones and subzones, as provided for in the Act of February 14, 2012, P.L. 183, No. 16, and only with respect to such expansions and extensions as are approved therein, and 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 such zone, as set forth in The Pennsylvania Keystone Opportunity Zone Act, Act of October 6, 1998, P.L. 705, No. 92, as amended. ..End 1