Bill 240470
Amending Chapter 19-3200 of The Philadelphia Code, entitled “Keystone Opportunity Zone, Economic Development District, and Strategic Development Area,” to provide for additional extensions of certain benefits, under certain terms and conditions.
Introduced by
Properties named in this bill
Addresses the bill text names, each matched to one Philadelphia parcel. Naming a property is not a claim that the bill is about it.
How members voted
Vote on Jun 13, 2024 · CITY COUNCIL
Aye (17)
Councilmember BassCouncilmember BrooksCouncilmember DriscollCouncilmember GauthierCouncilmember Gilmore RichardsonCouncilmember HarrityCouncilmember JonesCouncilmember LozadaCouncilmember O'NeillCouncilmember PhillipsCouncilmember SquillaCouncilmember ThomasCouncilmember AhmadCouncilmember LandauCouncilmember O'RourkeCouncilmember YoungCouncil President Johnson
From the floor
Passages in the official transcripts that cite this file number. Every quote links to its exact place in the record.
“Aye. The ayes are 17. The nays are 0. A majority of all members having voted in the affirmative, the bill passes. Will the Clerk please read the title of Bill No. 240470.”
Council President Johnson · Stated Meeting, June 13, 2024 · Jun 13, 2024 · official transcript, this passage
“240378, approving the amendment of the Fiscal Year 2024 Capital Budget providing for expenditures for the capital purposes of the Philadelphia Gas Works (including the supplying of funds in connection therewith) subject to certain constraints and conditions and acknowledge the receipt of Revised Forecast of Capital Budgets for Fiscal Years 2025 through 2029, as amended; and Bill No. 240379, entitled Amending Title 17…”
Chief Clerk · Stated Meeting, June 6, 2024 · Jun 6, 2024 · official transcript, this passage
Status timeline
- May 16, 2024Introduced and Referred · CITY COUNCIL
- Jun 5, 2024HEARING NOTICES SENT · Committee on Finance
- Jun 5, 2024HEARING HELD · Committee on Finance
- Jun 5, 2024AMENDED · Committee on Finance
- Jun 5, 2024REPORTED FAVORABLY, RULE SUSPENSION REQUESTED · Committee on Finance
- Jun 6, 2024SUSPEND THE RULES OF THE COUNCIL · CITY COUNCIL
- Jun 6, 2024ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR · CITY COUNCIL
- Jun 6, 2024READ AND ORDERED PLACED ON NEXT WEEK'S SECOND READING CALENDAR · CITY COUNCIL
- Jun 13, 2024READ AND PASSED · CITY COUNCIL
- Jun 26, 2024SIGNED · 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 additional extensions 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 * * * � 19-3203. Authorization of Exemption, Abatement or Credits from Certain Taxes. * * * (5) The benefits provided for in subsection (1)(j) shall apply to: Street Address OPA Account Number * * * (kkkk) 5800 Eastwick Avenue 88-5-484460 (llll) 5900 Eastwick Avenue 88-5-484880 (mmmm) 5946 Eastwick Avenue 88-5-485860 (nnnn) 6000 Eastwick Avenue 40-2-293920 (oooo) 6050 Eastwick Avenue 88-5-485040 (pppp) 1761 N. 49th Street 88-5-897390 (qqqq) 3025 John F. Kennedy Blvd., Office 1 88-3-000060 (rrrr) 3025 John F. Kennedy Blvd., Office 2 88-3-000061 (ssss) 3025 John F. Kennedy Blvd., Office 3 88-3-000062 (tttt) 3025 John F. Kennedy Blvd., Office 4 88-3-000063 (uuuu) 3025 John F. Kennedy Blvd., Office 5 88-3-000064 (vvvv) 3025 John F. Kennedy Blvd., Office 6 88-3-000065 (wwww) 120 Rouse Blvd. 88-3-000015 (xxxx) 1200 Intrepid Avenue, Unit 2 88-3-000029 (yyyy) 1201 Normandy Avenue 88-3-000017 (zzzz) 255 Rouse Blvd. 88-5-764460 * * * SECTION 2. This Ordinance shall be effective upon approval by the Commonwealth Department of Community and Economic Development of an application for the extension of benefits with respect to certain parcels, and only with respect to such parcels for which an extension is granted, 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 on such parcels, all as set forth in Section 301.3(a)(1)(iii) of the Act of October 6, 1998 (P.L. 705, No. 92), known as the Keystone Opportunity Zone, Keystone Opportunity Expansion Zone and Keystone Opportunity Improvement Zone Act, and related legislation. ..End 2