Official:Amending Section 17-1305 of The Philadelphia Code, entitled "Compensation Required to be Paid to Employees," to revise the compensation required to be provided in connection with application of the Philadelphia 21st Century Minimum Wage Standard; and amending Section 19-2604 of the Code, entitled "Tax Rates, Credits, and Alternative Tax Computation," to make the wage rates related to the tax credit for new job creation consistent with Section 17-1305; all under certain terms and conditions.
Sponsor: Councilmember Squilla
Introduced: September 27, 2018
Signed: December 6, 2018
: Committee on Labor and Civil Service
Status: Signed into Law, step 4 of 4
This bill increases the minimum wage in Philadelphia to a higher rate than the federal minimum wage. The new rates range from $12.40 in 2019 to $15.00 multiplied by the Consumer Price Index (CPI) Multiplier after July 1, 2023.
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