Official:Amending Chapter 19-3200, entitled "Keystone Opportunity Zone, Economic Development District, and Strategic Development Area," by providing for additional properties to be added to certain zones; and by providing for extensions of the term of benefits for certain properties; all under certain terms and conditions.
Sponsor: Council President Clarke
Introduced: May 17, 2012
Signed: June 21, 2012
: Committee on Finance
Status: Signed into Law, step 4 of 4
This bill amends the Keystone Opportunity Zone (KOZ) by adding new properties and extending the benefits term for certain areas. This includes expanding the KOZ to additional parcels in West Parkside Industrial Park, Central Delaware River Subzone, West Philadelphia Subzone, and Upper Schuylkill River Subzone.
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