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City Council Proposes New Tax Breaks for Businesses Revitalizing Blighted Neighborhoods Across Philadelphia

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 providing for additional abatements in certain depressed areas of the City, all under certain terms and conditions.

Sponsor: Councilmember DiCicco

Introduced: February 25, 2010

: Committee on Finance

business economic development taxation

No one voted on this bill

This bill was introduced in the 2008–2011 Council term and when that term ran out. The public record shows no committee vote and no floor vote at any stage, so no member of Council ever went on record for or against it.

That is not unusual here. Of the 8,465 bills introduced between 2000 and 2025, 1,624 lapsed without a single recorded vote. Ninety percent of bills that became law carry a roll call. Three percent of lapsed bills do. How this works.

Plain-Language Summary

This bill amends a section of Philadelphia's code to provide additional tax abatements for businesses that improve properties in certain depressed areas of the city.

What This Bill Does

AI-written. Every figure is checked against the bill text.

Extends the duration of real estate tax exemptions for businesses that improve properties in certain areas of the city from 10 years to 15 years.
Applies the extended exemption duration to properties located in "Depressed Areas" of the city, which are areas determined by City Council to be significantly more in need of economic stimulus.
Requires the exemption to commence in the tax year immediately following the year in which the initial certificate of occupancy for the property is issued.
Terminates the exemption after 15 years, or 10 years if the property is not located in a Depressed Area.