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New Food Manufacturers Get 10-Year Reprieve From Realty Tax in Philadelphia Code Rewrite Proposal

Official:Amending Section 19-1806 of The Philadelphia Code, entitled "Authorization of Realty Use and Occupancy Tax," by adding an exclusion from the tax for certain new businesses, all under certain terms and conditions.

Sponsor: Councilmember Henon

Introduced: March 31, 2016

: Committee on Finance

business economic development taxation

Plain-Language Summary

This bill excludes certain new businesses that manufacture food from paying a tax on their use and occupancy of facilities for a period of 10 years.

What This Bill Does

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

Excludes certain new businesses that manufacture food from paying the Realty Use and Occupancy Tax for a period of 10 years.
Defines a "Commercial Food Manufacturing" business as one that manufactures food with no more than incidental retail sales and falls into one of four specific categories: sugar and confectionery, fruit and vegetable preserving, bakeries and tortilla manufacturing, or other food manufacturing.
Adds a 10-year exemption from the Realty Use and Occupancy Tax for eligible food manufacturers.
This exemption is subject to the terms and conditions specified in the bill, but the specific conditions are not elaborated in the provided text.