civus
BillENACTED

Bill 150533

Amending Chapter 19-1300 of The Philadelphia Code, entitled "Real Estate Taxes," by establishing a tax rate for City real estate tax; all under certain terms and conditions.

Introduced Jun 4, 2015Committee of the WholeOfficial record: City of Philadelphia via Legistar

Introduced by

Council President Clarke

From the floor

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

  1. “… of The Philadelphia Code, entitled 'Wage and Net Profits Tax,' by revising certain tax rates"; and Bill No. 150533, entitled "An ordinance amending Chapter 19-1300 of The Philadelphia Code, entitled 'Real Estate Taxes,' by establishing a tax rate for City real estate tax"; and Bill No. 150534, entitled "An ordinance amending Chapter 19-1200 of The Philadelphia Code, entitled 'Parking Tax,' by establishing a rate of …”

    Chief Clerk · Stated Meeting, June 11, 2015 · Jun 11, 2015 · official transcript, this passage

Status timeline

  1. Jun 4, 2015
    Introduced and Referred · CITY COUNCIL

    Recorded result: Pass

    A motion was made by Councilmember Jones that this matter be Introduced and Referred to the Committee of the Whole. The motion carried unanimously.

  2. Jun 10, 2015
    HEARING NOTICES SENT · Committee of the Whole
  3. Jun 10, 2015
    HEARING HELD · Committee of the Whole
  4. Jun 10, 2015
    REPORTED FAVORABLY, RULE SUSPENSION REQUESTED · Committee of the Whole
  5. Jun 11, 2015
    ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR · CITY COUNCIL
  6. Jun 11, 2015
    SUSPEND THE RULES OF THE COUNCIL · CITY COUNCIL

    Recorded result: Pass

    A motion was made by Councilmember Jones that this matter be SUSPEND THE RULES OF THE COUNCIL. The motion carried unanimously.

  7. Jun 11, 2015
    READ AND ORDERED PLACED ON NEXT WEEK'S SECOND READING CALENDAR · CITY COUNCIL
  8. Jun 18, 2015
    READ AND PASSED · CITY COUNCIL

    Recorded result: Pass

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

  9. Jun 18, 2015
    SIGNED · MAYOR

Official documents

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

Full text

Read the full text as published

..Title Amending Chapter 19-1300 of The Philadelphia Code, entitled "Real Estate Taxes," by establishing a tax rate for City real estate tax; all under certain terms and conditions. ..Body THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS: SECTION 1. Chapter 19-1300 of The Philadelphia Code is hereby amended as follows: CHAPTER 19-1300. REAL ESTATE TAXES. § 19-1301. Real Estate Taxes. * * * (2) For tax year 2014 and thereafter: [(a)] (a.1) For tax years 2014 and 2015, [The] the Tax Rate shall be 0.6018%, or sixty and eighteen one hundredths cents ($0.6018) per hundred dollars ($100). (a.2) For tax year 2016 and thereafter, the Tax Rate shall be 0.6317%, or sixty-three and seventeen one hundredths cents ($0.6317) per hundred dollars ($100). (b) A tax is hereby levied on all real property in the City in an amount equal to the product formed by multiplying the Tax Rate by the Net Taxable Value of the property. Net Taxable Value shall be calculated by subtracting the amount of Homestead Exclusion, if any, provided for in § 19-1301.1, from the assessed value of the property returned by the OPA in the year immediately preceding the tax year, but in no event may Net Taxable Value be less than zero. (.1) OPA stands for the Office of Property Assessment. * * * ___________________________________ Explanation: [Brackets] indicate matter deleted. Italics indicate new matter added. ..End