Official:Amending Chapter 19-3200 of The Philadelphia Code, entitled "Keystone Opportunity Zone, Economic Development District, and Strategic Development Area," by providing for further Keystone Opportunity Expansion Zones, under certain terms and conditions.
Sponsor: Council President Clarke
Introduced: June 7, 2018
Signed: September 20, 2018
: Committee on Finance
Status: Signed into Law, step 4 of 4
This bill expands Philadelphia's Keystone Opportunity Zone (KOZ) to include several new parcels of land. A KOZ is an area where businesses can receive tax breaks and incentives to encourage economic growth.
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