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BillENACTED

Bill 210284

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 Apr 8, 2021Committee of the WholeOfficial record: City of Philadelphia via Legistar

Introduced by

Councilmember DombCouncilmember DombCouncilmember SquillaCouncilmember Squilla

How members voted

  1. Vote on Jun 23, 2022 · CITY COUNCIL

    Aye (14)

    Councilmember DombCouncilmember GreenCouncilmember OhCouncilmember SquillaCouncilmember JohnsonCouncilmember JonesCouncil President ClarkeCouncilmember Quiñones SánchezCouncilmember BassCouncilmember ParkerCouncilmember O'NeillCouncilmember Gilmore RichardsonCouncilmember ThomasCouncilmember Driscoll

From the floor

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

  1. An ordinance amending Bill No. 210284, entitled "An ordinance amending Chapter 19-2600 of The Philadelphia Code, entitled 'Business Income and Receipts Tax,' by revising certain tax rates, under certain terms and conditions," to fix a mistake in identifying the tax year to which a tax reduction applies, so that the tax reduction applies in Fiscal Year 2023.

    Chief Clerk · Stated Meeting, November 3, 2022 · Nov 3, 2022 · official transcript, this passage

  2. To the President and members of the Council of the City of Philadelphia, the Committee on Finance, to which was referred Bill No. 220659, entitled "An ordinance amending Bill No. 220401, entitled 'An ordinance amending Chapter 19-1500 of The Philadelphia Code, entitled 'Wage and Net Profits Tax,' by revising certain tax rates, under certain terms and conditions,' to correct a typographical error in stating the period…

    Chief Clerk · Stated Meeting, October 20, 2022 · Oct 20, 2022 · official transcript, this passage

  3. Okay. Councilman Jones offers seven bills and five STATED Meeting 42 9/15/2022 resolutions, six bills on behalf of Council President, entitled "An ordinance amending Chapter 19-1300 of The Philadelphia Code, entitled 'Real Estate Taxes,' and Chapter 19-1500, entitled 'Wage and Net Profits Tax,' by providing for tax credits for volunteer community service; and adding a new Chapter 19-4600, providing for eligibility cr…

    Chief Clerk · Stated Meeting, September 15, 2022 · Sep 15, 2022 · official transcript, this passage

  4. Yes. I ask that Bill No. 210284 be removed from the Bill Consent Agenda.

    Councilwoman Gym · Stated Meeting, June 23, 2022 · Jun 23, 2022 · official transcript, this passage

  5. Good afternoon, Council President Clarke and honorable members of the City Council. Thank you for giving me the opportunity to provide STATED MEETING 138 6/23/2022 this testimony today. My name is Khine Zaw. I am President and CEO of the Asian American Chamber of Commerce of Greater Philadelphia. We represent more than 13,000 AAPI-owned businesses here in Philadelphia. Our chamber is also a partner of Diverse Chamber…

    Ms. Zaw · Stated Meeting, June 23, 2022 · Jun 23, 2022 · official transcript, this passage

  6. Apologies, Mr. President. I have an ordinance that we STATED MEETING 252 6/23/2022 6/23/22 - STATED - 2ND READING removed from the Consent Agenda, Bill No. 210284. May I proceed?

    Chief Clerk · Stated Meeting, June 23, 2022 · Jun 23, 2022 · official transcript, this passage

Status timeline

  1. Apr 8, 2021Introduced and Referred · CITY COUNCIL
  2. Jun 2, 2021HEARING NOTICES SENT · Committee of the Whole
  3. Jun 2, 2021HEARING HELD · Committee of the Whole
  4. Jun 2, 2021RECESSED · Committee of the Whole
  5. Jun 8, 2021HEARING NOTICES SENT · Committee of the Whole
  6. Jun 8, 2021HEARING HELD · Committee of the Whole
  7. Jun 8, 2021RECESSED · Committee of the Whole
  8. Jun 10, 2021HEARING NOTICES SENT · Committee of the Whole
  9. Jun 10, 2021RECESSED · Committee of the Whole
  10. Jun 10, 2021RECESSED · Committee of the Whole
  11. Jun 11, 2021HEARING NOTICES SENT · Committee of the Whole
  12. Jun 11, 2021RECESSED · Committee of the Whole
  13. Jun 14, 2021HEARING NOTICES SENT · Committee of the Whole
  14. Jun 14, 2021RECESSED · Committee of the Whole
  15. Jun 15, 2021HEARING NOTICES SENT · Committee of the Whole
  16. Jun 15, 2021RECESSED · Committee of the Whole
  17. Jun 17, 2021HEARING NOTICES SENT · Committee of the Whole
  18. Jun 17, 2021RECESSED · Committee of the Whole
  19. Jun 17, 2021RECESSED · Committee of the Whole
  20. Jun 14, 2022HEARING NOTICES SENT · Committee of the Whole
  21. Jun 14, 2022RECESSED · Committee of the Whole
  22. Jun 15, 2022HEARING NOTICES SENT · Committee of the Whole
  23. Jun 15, 2022HEARING HELD · Committee of the Whole
  24. Jun 15, 2022AMENDED · Committee of the Whole
  25. Jun 15, 2022REPORTED FAVORABLY, RULE SUSPENSION REQUESTED · Committee of the Whole
  26. Jun 16, 2022SUSPEND THE RULES OF THE COUNCIL · CITY COUNCIL
  27. Jun 16, 2022READ AND ORDERED PLACED ON NEXT WEEK'S SECOND READING CALENDAR · CITY COUNCIL
  28. Jun 16, 2022ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR · CITY COUNCIL
  29. Jun 23, 2022READ AND PASSED · CITY COUNCIL
  30. Jun 27, 2022SIGNED · 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 % * * * 2021 1.415 mills 6.20% 2022 1.415 mills 6.20% 2023 and thereafter 1.415 mills [6.15%] 5.99% [2024 and thereafter] [1.415 mills] [6.10%] * * * ___________________________________ Explanation: [Brackets] indicate matter deleted. Italics indicate new matter added. ..End 2