civus
BillENACTED

Bill 200290

Amending Chapter 19-2600 of The Philadelphia Code, entitled “Business Income and Receipts Taxes,” by revising certain tax rates, under certain terms and conditions.

Introduced May 1, 2020Committee of the WholeOfficial record: City of Philadelphia via Legistar

Introduced by

Council President ClarkeCouncilmember Parker

How members voted

  1. Vote on Jun 25, 2020 · CITY COUNCIL

    Aye (17)

    Councilmember DombCouncilmember GreenCouncilmember GymCouncilmember OhCouncilmember SquillaCouncilmember JohnsonCouncilmember JonesCouncil President ClarkeCouncilmember HenonCouncilmember Quiñones SánchezCouncilmember BassCouncilmember ParkerCouncilmember O'NeillCouncilmember BrooksCouncilmember GauthierCouncilmember Gilmore RichardsonCouncilmember Thomas

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. 200296-A, entitled "An ordinance constituting the Fifteenth Supplemental Ordinance to the General Gas Works Revenue Bond Ordinance of 1998; authorizing the City of Philadelphia, Pennsylvania 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. 200329-A, entitled "An ordinance approving a Substantial Amendment…”

    Chief Clerk · Stated Meeting, June 25, 2020 · Jun 25, 2020 · official transcript, this passage

  2. “To the President and members of the Council of the City of Philadelphia, the Committee of the Whole, Stated Meeting June 18, 2020 Bill No. 200285, entitled "An ordinance to adopt a Capital Program for the six Fiscal Years 2021 through 2026 inclusive"; and Bill No. 200286, entitled "An ordinance to adopt a Fiscal 2021 Capital Budget"; and Bill No. 200287, entitled "An ordinance adopting the Operating Budget for Fiscal…”

    Chief Clerk · Stated Meeting, June 18, 2020 · Jun 18, 2020 · official transcript, this passage

Status timeline

  1. May 1, 2020Introduced and Referred · CITY COUNCIL
  2. May 18, 2020HEARING NOTICES SENT · Committee of the Whole
  3. May 18, 2020HEARING HELD · Committee of the Whole
  4. May 18, 2020RECESSED · Committee of the Whole
  5. May 19, 2020HEARING NOTICES SENT · Committee of the Whole
  6. May 19, 2020HEARING HELD · Committee of the Whole
  7. May 19, 2020RECESSED · Committee of the Whole
  8. May 20, 2020HEARING NOTICES SENT · Committee of the Whole
  9. May 20, 2020HEARING HELD · Committee of the Whole
  10. May 20, 2020RECESSED · Committee of the Whole
  11. May 26, 2020HEARING NOTICES SENT · Committee of the Whole
  12. May 26, 2020HEARING HELD · Committee of the Whole
  13. May 26, 2020RECESSED · Committee of the Whole
  14. May 27, 2020HEARING NOTICES SENT · Committee of the Whole
  15. May 27, 2020HEARING HELD · Committee of the Whole
  16. May 27, 2020RECESSED · Committee of the Whole
  17. Jun 1, 2020Cancellation of Scheduled Public Hearing · Committee of the Whole
  18. Jun 3, 2020Cancellation of Scheduled Public Hearing · Committee of the Whole
  19. Jun 5, 2020HEARING NOTICES SENT · Committee of the Whole
  20. Jun 5, 2020HEARING HELD · Committee of the Whole
  21. Jun 5, 2020RECESSED · Committee of the Whole
  22. Jun 8, 2020HEARING NOTICES SENT · Committee of the Whole
  23. Jun 8, 2020HEARING HELD · Committee of the Whole
  24. Jun 8, 2020RECESSED · Committee of the Whole
  25. Jun 9, 2020HEARING NOTICES SENT · Committee of the Whole
  26. Jun 9, 2020HEARING HELD · Committee of the Whole
  27. Jun 9, 2020RECESSED · Committee of the Whole
  28. Jun 10, 2020HEARING NOTICES SENT · Committee of the Whole
  29. Jun 10, 2020HEARING HELD · Committee of the Whole
  30. Jun 10, 2020RECESSED · Committee of the Whole
  31. Jun 16, 2020HEARING NOTICES SENT · Committee of the Whole
  32. Jun 16, 2020HEARING HELD · Committee of the Whole
  33. Jun 16, 2020RECESSED · Committee of the Whole
  34. Jun 17, 2020HEARING NOTICES SENT · Committee of the Whole
  35. Jun 17, 2020HEARING HELD · Committee of the Whole
  36. Jun 17, 2020REPORTED FAVORABLY, RULE SUSPENSION REQUESTED · Committee of the Whole
  37. Jun 18, 2020SUSPEND THE RULES OF THE COUNCIL · CITY COUNCIL
  38. Jun 18, 2020ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR · CITY COUNCIL
  39. Jun 18, 2020ORDERED PLACED ON NEXT WEEK`S SECOND READING CALENDAR · CITY COUNCIL
  40. Jun 25, 2020READ AND PASSED · CITY COUNCIL
  41. Jun 26, 2020SIGNED · MAYOR

Official documents

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

Full text

Read the full text as published

..Title Amending Chapter 19-2600 of The Philadelphia Code, entitled "Business Income and Receipts Taxes," by revising certain tax rates, under certain terms and conditions. ..Body THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS: SECTION 1. Chapter 19-2600 of The Philadelphia Code is hereby amended as follows: CHAPTER 19-2600. BUSINESS INCOME AND RECEIPTS TAXES * * * � 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 % * * * 2020 1.415 mills 6.20% 2021 1.415 mills [6.15%] 6.20% 2022 1.415 mills [6.10%] 6.20% 2023 [and thereafter] 1.415 mills [6.00%] 6.15% 2024 and thereafter 1.415 mills 6.10% * * * ___________________________________ Explanation: [Brackets] indicate matter deleted. Italics indicate new matter added. ..End