Amending subsection 19-2604(6) of The Philadelphia Code, under which businesses that enter into agreements to make contributions to community development corporations receive business privilege tax credits, by enacting a temporary moratorium on new contribution agreements under that subsection until Council enacts legislation modifying the terms and conditions of the tax credit, all under certain terms and conditions.

Amending subsection 19-2604(6) of The Philadelphia Code, under which businesses that enter into agreements to make contributions to community development corporations receive business privilege tax credits, by enacting a temporary moratorium on new contribution agreements under that subsection until Council enacts legislation modifying the terms and conditions of the tax credit, all under certain terms and conditions. — Open Common Ground