Official:Amending Section 19-1303(3) of The Philadelphia Code, entitled "Authorization to Offer Exemptions from Real Estate Taxes on Improvements to Deteriorated Industrial, Commercial or Other Business Properties," by extending the exemption period for certain existing grants of exemption, under certain terms and conditions.
Sponsor: Councilmember Kenney
Introduced: November 20, 2003
Vetoed: December 18, 2003
: Committee on Finance
Status: Vetoed
This bill extends a tax exemption for certain deteriorated business properties in Philadelphia, allowing them to pay lower taxes on improvements made after a certain date.
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