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From YouTube: Committee on Finance 5-22-2018

Description

The Committee on Finance of the Council of the City of Philadelphia held a Public Hearing on Tuesday, May 22, 2018 to hear testimony on the following items:

180261 An Ordinance amending subsection 19-2604(6) of The Philadelphia Code, under which businesses may enter into agreements to make contributions to community development corporations and certain other organizations to receive credits against business income and receipts taxes, by increasing the number of businesses for which the credit shall be made available to, all under certain terms and conditions.

180347 An Ordinance amending Chapter 21-1600 of The Philadelphia Code, entitled "Housing Trust Fund," to authorize the establishment of separate sub-funds to receive, respectively, revenues attributable to recording fees and revenues attributable to certain payments required upon construction of certain real estate; to provide for and authorize the manner in which such revenues may be appropriated and spent; and to designate the agency within City government responsible for administering the Housing Trust Fund; all under certain terms and conditions.

180351 An Ordinance providing for a payment to the City upon the construction of certain real estate, and directing Council to appropriate revenues from such payments to the Department of Planning and Development - Division of Housing and Community Development, in order to support equitable neighborhood development by constructing affordable housing, including units for sale or rent, and by providing assistance to Philadelphians who desire to become homeowners, all under certain terms and conditions.

180392 An Ordinance amending Chapter 19-1400 of The Philadelphia Code, entitled "Realty Transfer Tax," by amending Section 19-1405, entitled "Excluded Transactions," by replacing gendered marital signifiers.

180393 An Ordinance amending Title 19, Chapter 2900, of The Philadelphia Code, entitled "Senior Citizen Low Income Special Tax Provisions," to make certain technical changes; all under certain terms and conditions.

Committee on Finance
Chair: Councilwoman Jannie Blackwell (3rd District)
Vice Chair: Councilman Bobby Henon (6th District)