civus
BillENACTED

Bill 230149

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 Mar 2, 2023Committee of the WholeOfficial record: City of Philadelphia via Legistar

Introduced by

Council President ClarkeCouncil President ClarkeCouncilmember JonesCouncilmember Jones

How members voted

Status timeline

  1. Mar 2, 2023
    Introduced and Referred · CITY COUNCIL

    This Bill was Introduced and Referred.to the Committee of the Whole

  2. Mar 28, 2023
    HEARING NOTICES SENT · Committee of the Whole

    This Bill was HEARING NOTICES SENT.

  3. Mar 28, 2023
    HEARING HELD · Committee of the Whole

    This Bill was HEARING HELD.

  4. Mar 28, 2023
    RECESSED · Committee of the Whole

    This Bill was RECESSED.

  5. Mar 29, 2023
    HEARING NOTICES SENT · Committee of the Whole

    This Bill was HEARING NOTICES SENT.

  6. Mar 29, 2023
    HEARING HELD · Committee of the Whole

    This Bill was HEARING HELD.

  7. Mar 29, 2023
    RECESSED · Committee of the Whole

    This Bill was RECESSED.

  8. Apr 3, 2023
    HEARING NOTICES SENT · Committee of the Whole

    This Bill was HEARING NOTICES SENT.

  9. Apr 3, 2023
    HEARING HELD · Committee of the Whole

    This Bill was HEARING HELD.

  10. Apr 3, 2023
    RECESSED · Committee of the Whole

    This Bill was RECESSED.

  11. Apr 4, 2023
    HEARING NOTICES SENT · Committee of the Whole

    This Bill was HEARING NOTICES SENT.

  12. Apr 4, 2023
    HEARING HELD · Committee of the Whole

    This Bill was HEARING HELD.

  13. Apr 4, 2023
    RECESSED · Committee of the Whole

    This Bill was RECESSED.

  14. Apr 11, 2023
    HEARING NOTICES SENT · Committee of the Whole

    This Bill was HEARING NOTICES SENT.

  15. Apr 11, 2023
    HEARING HELD · Committee of the Whole

    This Bill was HEARING HELD.

  16. Apr 11, 2023
    RECESSED · Committee of the Whole

    This Bill was RECESSED.

  17. Apr 12, 2023
    HEARING NOTICES SENT · Committee of the Whole

    This Bill was HEARING HELD.

  18. Apr 12, 2023
    HEARING HELD · Committee of the Whole

    This Bill was HEARING HELD.

  19. Apr 12, 2023
    RECESSED · Committee of the Whole

    This Bill was RECESSED.

  20. Apr 18, 2023
    HEARING NOTICES SENT · Committee of the Whole

    This Bill was HEARING NOTICES SENT.

  21. Apr 18, 2023
    HEARING HELD · Committee of the Whole

    This Bill was HEARING HELD.

  22. Apr 18, 2023
    RECESSED · Committee of the Whole

    This Bill was RECESSED.

  23. Apr 19, 2023
    HEARING NOTICES SENT · Committee of the Whole

    This Bill was HEARING NOTICES SENT.

  24. Apr 19, 2023
    HEARING HELD · Committee of the Whole

    This Bill was HEARING HELD.

  25. Apr 19, 2023
    RECESSED · Committee of the Whole

    This Bill was RECESSED.

  26. Apr 25, 2023
    HEARING NOTICES SENT · Committee of the Whole

    This Bill was HEARING NOTICES SENT.

  27. Apr 25, 2023
    HEARING HELD · Committee of the Whole

    This Bill was HEARING HELD.

  28. Apr 25, 2023
    RECESSED · Committee of the Whole

    This Bill was RECESSED.

  29. Apr 26, 2023
    HEARING NOTICES SENT · Committee of the Whole

    This Bill was HEARING NOTICES SENT.

  30. Apr 26, 2023
    HEARING HELD · Committee of the Whole

    This Bill was HEARING HELD.

  31. Apr 26, 2023
    RECESSED · Committee of the Whole

    This Bill was RECESSED.

  32. May 2, 2023
    HEARING NOTICES SENT · Committee of the Whole

    This Bill was HEARING NOTICES SENT.

  33. May 2, 2023
    HEARING HELD · Committee of the Whole

    This Bill was HEARING HELD.

  34. May 2, 2023
    RECESSED · Committee of the Whole

    This Bill was RECESSED.

  35. May 3, 2023
    HEARING NOTICES SENT · Committee of the Whole

    This Bill was HEARING NOTICES SENT.

  36. May 3, 2023
    HEARING HELD · Committee of the Whole

    This Bill was HEARING HELD.

  37. May 3, 2023
    RECESSED · Committee of the Whole

    This Bill was RECESSED.

  38. Jun 7, 2023
    HEARING NOTICES SENT · Committee of the Whole

    This Bill was HEARING NOTICES SENT.

  39. Jun 7, 2023
    HEARING HELD · Committee of the Whole

    This Bill was HEARING HELD.

  40. Jun 7, 2023
    RECESSED · Committee of the Whole

    This Bill was RECESSED.

  41. Jun 8, 2023
    HEARING NOTICES SENT · Committee of the Whole

    This Bill was HEARING NOTICES SENT.

  42. Jun 8, 2023
    HEARING HELD · Committee of the Whole

    This Bill was HEARING HELD.

  43. Jun 8, 2023
    AMENDED · Committee of the Whole

    This Bill was AMENDED.

  44. Jun 8, 2023
    REPORTED FAVORABLY, RULE SUSPENSION REQUESTED · Committee of the Whole

    This Bill was REPORTED FAVORABLY, RULE SUSPENSION REQUESTED.

  45. Jun 8, 2023
    SUSPEND THE RULES OF THE COUNCIL · CITY COUNCIL

    This Bill was SUSPEND THE RULES OF THE COUNCIL.

  46. Jun 8, 2023
    READ AND ORDERED PLACED ON NEXT WEEK'S SECOND READING CALENDAR · CITY COUNCIL

    This Bill was READ AND ORDERED PLACED ON NEXT WEEK'S SECOND READING CALENDAR.

  47. Jun 8, 2023
    ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR · CITY COUNCIL

    This Bill was ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR.

  48. Jun 22, 2023
    READ AND PASSED · CITY COUNCIL

    Recorded result: Pass

    A motion was made that this Bill be READ AND PASSED. The motion carried by the following vote:

  49. Jun 23, 2023
    SIGNED · MAYOR

    This Bill was SIGNED.

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 5.99% 2023 and thereafter 1.415 mills [5.99%] 5.81% * * * ___________________________________ Explanation: [Brackets] indicate matter deleted. Italics indicate new matter added. ..End 2