(1) The areas of the City generally known as follows, and more fully defined in Section 2 of the ordinance enacting this Chapter, shall collectively be designated as the Philadelphia Keystone Opportunity Zone:
(a) American Street Corridor Industrial Area.
(b) Amtrak Northeast Corridor (Glenwood Avenue, Sedgley Avenue areas). Effective upon approval from DCED (anticipated in early 2009), in addition to the properties referenced above, the Amtrak Northeast Corridor Subzone shall also include the following parcel: 2301 W. Allegheny Avenue (BRT No. 88-4-341815). 595
(c) PIDC Northeast Industrial Parks (East).
(.1) Byberry East Industrial Park.
(d) PIDC Northeast Industrial Parks (West).
(.1) Byberry Hospital.
(.2) Byberry West Industrial Park (Vacant Parcels).
(.3) Somerton Industrial Park (Vacant Parcels Only).
(.4) Red Lion Industrial Park (Vacant Parcels Only).
(e) Eastwick Industrial Park (Vacant Parcels Only).
(f) Lower Delaware River.
(g) Hunting Park.
(h) Upper Delaware River.
(i) Central Delaware River.
(j) Philco Site (C & Tioga Streets).
(k) West Parkside Industrial Park. Effective upon approval from DCED (anticipated in early 2013), in addition to the properties referenced above, the West Parkside Industrial Park Subzone shall also include the following parcels: 596
(.1) 4804-48 Parkside Avenue (OPA No. 78-3-382801).
(.2) 4862-70 Parkside Avenue (SEPTA Turnaround) (OPA No. 52-1-090311).
(l) Post Office Market Street: West Philadelphia.
(2) The areas of the City generally known as follows, and more fully defined in Section 2 of the ordinance enacting this subsection, shall each separately be designated a Philadelphia Keystone Opportunity Expansion Subzone, and shall collectively be designated as the Philadelphia Keystone Opportunity Expansion Zone: 597
(a) Northeast Philadelphia Airport Subzone.
(b) Upper Delaware River Subzone.
(c) Central Delaware River Subzone. Effective upon approval from DCED (anticipated in early 2013), in addition to the properties referenced above, the Central Delaware River Subzone shall also include the following parcels: 598
(.1) Those parcels generally located at 601 North Christopher Columbus Boulevard with deed numbers 004N03-0015, 004N03-0018 and 004N03-019 (all as assigned by the Department of Records); referred to as Pier 27N and Pier 27-1/2 N.
(d) Lower Delaware River Subzone.
(e) Frankford/Torresdale Subzone.
(f) West Philadelphia Subzone. 599 Effective upon approval from DCED (anticipated in early 2009), in addition to the properties referenced above, the West Philadelphia Subzone shall also include the following parcels:
Street Address BRT Number
(.1) 4100 Powelton Avenue 06-1-013800
(.2) 4102 Powelton Avenue 06-1-013900
(.3) 4104 Powelton Avenue 06-1-014000
(.4) 4106 Powelton Avenue 06-1-014100
(.5) 4108 Powelton Avenue 06-1-014200
(.6) 4110 Powelton Avenue 06-1-014300
Effective upon approval from DCED (anticipated in early 2013), in addition to the properties referenced above, the West Philadelphia Subzone shall further include the following parcel: 600
(.7) 4101-23 Market Street (OPA No. 88-2-675105).
(g) Upper Schuylkill River Subzone. 601 Effective upon approval from DCED (anticipated in early 2009), in addition to the properties referenced above, the Upper Schuylkill River Subzone shall also include the following parcels:
Street Address BRT Number
(.1) 3101-27 W. Glenwood Avenue 88-4-699300
(.2) 3132-50 W. Thompson Street 88-4-699000
Effective upon approval from DCED (anticipated in early 2013), in addition to the properties referenced above, the Upper Schuylkill River Subzone shall further include the following parcels: 602
(.3) 1800-78 North 29th Street (OPA No. 88-4-460575).
(.4) 2901-31 West Montgomery (OPA No. 88-4-346945).
(h) Lower Schuylkill River Subzone. Effective upon approval from DCED (anticipated in early 2013), in addition to the properties referenced above, the Lower Schuylkill River Subzone shall also include the following parcels: 603
(.1) 2731 South 58th Street (OPA No. 88-4-156550).
(.2) 2751 South 58th Street (OPA No. 88-4-159001).
(.3) 5736 Eastwick Avenue (OPA No. 88-4-159000).
(i) Former Sunoco Site Subzone (East). 604 The Former Sunoco Site Subzone (East) shall include the following parcels:
OPA Number Street Address
(.1) 88-4-097024 2700 West Passyunk Avenue
(.2) 88-4-097044 3144 West Passyunk Avenue
(.3) 88-5-044000 3600 Lanier Street
(j) Former Sunoco Site Subzone (South). 605 The Former Sunoco Site Subzone (South) shall include the following parcels:
OPA Number Street Address
(.1) 88-4-095400 3000 Penrose Ferry Road
(.2) 88-4-095500 3002 Penrose Ferry Road
(.3) 88-4-096500 3404 Penrose Avenue
(.4) 88-4-096700 6900 Essington Avenue
OPA Number Street Address
(.1) 88-4-463840 3309 S. Galloway Street
(.2) 88-4-152200 3401 S. Lawrence Street
(.3) 88-4-237645 10098 Sandmeyer Lane
(.4) 88-2-907700 1 Red Lion Road
(.5) 88-2-675105 4101 Market Street
(.6) 88-4-123010 3401 Grays Ferry Avenue
(.7) 88-3-805600 3801 Market Street (Air rights only, as more fully defined in Attachment 2 to the ordinance enacting this subsection (.7)).
(.8) 77-4-688700 3501 Market Street (Parking area only, as more fully defined in Attachment 6 to the ordinance enacting this subsection (.8)).
(.9) 77-4-675500 3401 Filbert Street (Parking area only, as more fully defined in Attachment 7 to the ordinance enacting this subsection (.9)).
(.10) 100 E. Erie Avenue (two portions, as more fully defined in Attachments 3 and 4 to the ordinance enacting this subsection (.10)).
(.11) Navy Yard (various sites, as more fully defined in Attachment 5 to the ordinance enacting this subsection (.11)).
(.12) Ridge Avenue Lower Triangle and Ridge Avenue Upper Triangle (as more fully described in Attachment 8 to the ordinance enacting this subsection (.12)).
(.13) The following Units at 2275 Bridge Street:
Street Address OPA Number
2275 Bridge Street, Unit 7 884529025
2275 Bridge Street, Unit 39 884529080
2275 Bridge Street, Unit 119A 884529186
2275 Bridge Street, Unit 201C 884529238
2275 Bridge Street, Unit 202C 884529243
2275 Bridge Street, Unit 202D 884529244
2275 Bridge Street, Unit 208A 884529246
2275 Bridge Street, Unit 208C 884529248
2275 Bridge Street, Unit 208D 884529249
2275 Bridge Street, Unit 208F 884529262
2275 Bridge Street, Unit 209C 884529253
2275 Bridge Street, Unit 209D 884529254
2275 Bridge Street, Unit 209F 884529264
2275 Bridge Street, Unit 210B 884529257
2275 Bridge Street, Unit 210C 884529258
2275 Bridge Street, Unit 210D 884529259
2275 Bridge Street, Unit 210E 884529266
2275 Bridge Street, Unit 210F 884529267
(.14) The following parcels:
Street Address OPA Number
5601 Tabor Ave 88-4-116102
2-4 Farragut Street 87-1-249600
6 Farragut Street 87-1-249650
8 Farragut Street 60-1-079400
10 Farragut Street 60-1-079650
12 Farragut Street 60-1-079750
14 Farragut Street 60-1-079850
16 Farragut Street 60-1-079900
18 Farragut Street 60-1-080000
20 Farragut Street 60-1-080100
22 Farragut Street 60-1-080200
24 Farragut Street 60-1-080300
(3) The areas of the City generally known as follows, and more specifically defined in Section 4 of the ordinance enacting this subsection, shall each separately be designated a Philadelphia Keystone Opportunity Improvement Subzone, and shall collectively be designated as the Philadelphia Keystone Opportunity Improvement Zone: 607
(a) Kubach Road Subzone.
(b) Naval Business Center Subzone. 608 Effective upon approval from DCED (anticipated in early 2009), in addition to the properties referenced above, the Naval Business Center Subzone shall also include the following parcels:
(.1) The properties in the Navy Yard identified in Attachment B-1 to the Ordinance enacting this subsection (.1).
(.2) The property known colloquially as Building 25, also known as 1491 Flagship Drive, identified in Attachment B-2 to the Ordinance enacting this subsection (.2).
Effective upon approval from DCED (anticipated in early 2013), in addition to the properties referenced above, the Naval Business Center Subzone shall further include the following parcels: 609
(.3) Navy Yard Area 1, Navy Yard Area 2, Navy Yard Area 3, and Navy Yard Area 7K; all as identified in Attachments B, C, D, and E to the Ordinance enacting this subsection (.3).
(c) West Philadelphia Subzone. 610 Effective upon approval from DCED (anticipated in early 2009), in addition to the properties referenced above, the West Philadelphia Subzone shall also include the following parcel:
(.1) 3001 Market Street (BRT No. 88-3-071706).
Effective upon approval from DCED (anticipated in early 2013), in addition to the properties referenced above, the West Philadelphia Subzone shall further include the following parcels: 611
(.2) 3001 John F. Kennedy Boulevard (OPA No. 88-2-355990).
(.3) 3003 John F. Kennedy Boulevard (OPA No. 88-2-355905).
(.4) 3025 John F. Kennedy Boulevard (OPA No. 88-2-356100).
(.5) 3051 John F. Kennedy Boulevard (OPA No. 88-2-351000).
(.6) A parking area generally located at 3101-57 Market Street, as identified in Attachment F to the Ordinance adding this subsection (.6).
(4) The area of the City generally known as follows, and more fully defined in Section 2 of the ordinance enacting this subsection, shall be designated as the Philadelphia Economic Development District or the Economic Development District: 612
(a) Navy Yard (East).
(5) The area of the City generally located in the 35th Ward of the City, in the vicinity of Langdon Street, Godfrey Avenue, Summerdale Avenue and Whitaker Avenue, and more particularly defined in Section 2 of the Ordinance enacting this subsection, shall be designated as the Philadelphia Strategic Development Area. 613
(6) The following parcels shall collectively constitute the Additional Philadelphia Keystone Expansion Zone: 614
Street Address OPA Number
1000 Buttonwood 87-1-509660
1002-04 Buttonwood Street 88-4-452300
1006 Buttonwood 05-6-097550
1025 Hamilton 88-1-068055
1120-38 Frankford Avenue 88-4-587815
465 N. 10th Street 88-2-963670
467 N. 10th Street 88-2-963675
500 N. 10th Street 88-1-014797
1117 Admiral Peary Way (Quarters M) 78-8-0111215
(Quarters M)
(Quarters M)
1123 Admiral Peary Way (Quarters K) 78-8-0111215
(Quarters K)
(Quarters K)
1200 Normandy Place (Parcel 7G) 78-8-036100
1201 S. 35th Street 88-4-122700
1225 Constitution (Parcel 7H) 78-8-038300
1260 Normandy Place (Parcel 7F) 78-8-036200
1951 Kitty Hawk Avenue (Building 69) 78-8-004001
5210 Lindbergh Boulevard 88-4-158000
275 North 38th Street 77-4-348200
115 North 38th Street 77-4-348100
225 North 38th Street 77-4-348150
3675 Market Street 88-3-072800
3679 Market Street 88-3-072810
3701 Filbert Street 77-4-675700
4101 Market Street 88-2-675105
2525 W. Hunting Park Avenue 88-4-070101
2821R Fox Street 88-4-133421
2831 Fox Street 88-4-133431
1007 W. Butler Street 88-4-188500
1224-40 Frankford Avenue 88-4-587800
1253 Leopard Street 18-2-010310
4501 Richmond Street 88-4-210200
2275 Bridge Street Unit # 110 88-4-529165
2275 Bridge Street Unit # 116 88-4-529180
2275 Bridge Street Unit # 202A 88-4-529241
2275 Bridge Street Unit # 202B 88-4-529242
2275 Bridge Street Unit # 212 88-4-212100
(Unit 212)
(Unit 212)
2275 Bridge Street Unit # 6 88-4-529020
2275 Bridge Street Unit #119B 88-4-529187
2275 Bridge Street Unit #209A 88-4-529251
2275 Bridge Street Unit #209B 88-4-529252
2275 Bridge Street Unit #209E 88-4-529263
2275 Bridge Street Unit #9 88-4-529035
5000 Richmond Street 88-4-209535
1000 E. Venango Street 88-4-107500
215-51 W. Erie Avenue 88-4-040500
219 Cecil B. Moore Avenue 18-3-019100
221 Cecil B. Moore Avenue 18-3-019200
223 Cecil B. Moore Avenue 18-3-019300
225 Cecil B. Moore Avenue 18-3-019400
300-32 E. Allegheny Avenue 88-4-037500
3775 Kensington Avenue 88-4-847300
3800R-60 N. 2nd Street 88-4-038510
956 E. Erie Avenue 88-4-108500
4508-46 N. 10th Street 78-5-607010
4511-49 N. 11th Street 78-5-607040
4600-50 N. 9th Street 78-5-301300
4600-54 N. 10th Street 78-5-607020
4601-55 N. 10th Street 78-5-301500
4601-55 N. 11th Street 78-5-607050
4608-26 N. 8th Street 78-5-301100
4700-62 N. 8th Street 78-5-606930
4710-50 N. Marshall Street 78-5-606900
4711-61 N. 11th Street 78-5-607060
4712-64 N. 10th Street 78-5-607070
4712-64 N. 9th Street 78-5-300700
4712-64 N. 9th Street 78-5-300700
4714-66 N. 7th Street 78-5-606910
4715-55 N. Marshall Street 78-5-300100
4715-65 N. 8th Street 78-5-606920
4715-65 N. 10th Street 78-5-300900
701-41 Roosevelt Boulevard 78-5-300300
901-39 Roosevelt Boulevard 78-5-300500
300 E. Godfrey Avenue 88-4-116095
13000 McNulty Road 88-4-292588
2703 Black Lake Place 88-5-090100
2301 W. Hunting Park Avenue 88-4-127500
233-63 W. Lehigh Avenue 88-2-063740
7777 State Road 88-4-257530
7777R State Road 88-4-257540
2128 N. Front Street 88-2-935250
2130 N. Front Street 19-1-001300
2132 N. Front Street 19-1-001401
2134-36 N. Front Street 88-2-935255
2140 N. Front Street 19-1-001700
2142 N. Front Street 19-1-001810
2206-10 N. Front Street 88-2-919846
2239 N. Front Street 87-1-139800
456 N. 5th Street 88-402-8600
(7) The following parcels shall collectively constitute the Additional Philadelphia Keystone Opportunity Zone: 615
Street Address OPA Number
(a) 275 North 38th Street 885632100
(b) 115 North 38th Street 885631680
(c) 225 North 38th Street 885631800
(d) 3675 Market Street 885877421
(e) 3679 Market Street 885877423
(f) 3701 Filbert Street 885634560
(g) 4101 Market Street 882675105
(8) The following parcels shall collectively constitute the 2018 Philadelphia Keystone Opportunity Expansion Zone: 616
Street Address OPA Number
(a) 1224-28 Frankford Avenue 884587800
(b) 1253 Leopard Street 182010310
(c) 1201 S. 35th Street 884122700
(d) 5210 Lindbergh Blvd 885904640
(e) 2414 Weccacoe Avenue 884138714
(f) 10 Wolf Street 885987000
(g) 3775 Kensington Avenue 884847300
(h) 3700-40 Kensington Avenue 884110700
(i) 3800R-60 N. 2nd Street 884038510
(j) 956 E. Erie Avenue 884108500
(k) 1801 E. Huntingdon Street 882020560
(l) 1807-1827 E. Huntingdon Street 884715100
(m) 5000 Summerdale Avenue 885895040
(n) 13000 McNulty Road 885924002
(o) 2703 Black Lake Place 885090100
(p) 1230-32 Frankford Ave 885164620
(q) 1234 Frankford Ave 885164760
(r) 1236 Frankford Ave 885931000
(s) 1238 Frankford Ave 182000900
(t) 1240 Frankford Ave 182001010
(u) 215-51 W Erie Ave 884040500
(v) 219-225 Cecil B Moore Ave 885179020
(w) 233-63 W. Lehigh Ave 882063740
(x) 2128 N Front Street 885900087
(y) 2130 N Front Street 885200660
(z) 2132 N Front Street 885200680
(aa) 2134-36 N Front Street 885900097
(bb) 2140 N Front Street 885200720
(cc) 2142 N Front Street 885201000
(dd) 2900 N 17th Street 881427020
(ee) 2275 Bridge Street Unit 101 884529140
(ff) 2275 Bridge Street Unit 201 A 884529236
(gg) 2275 Bridge Street Unit 201 B 884529237
(hh) 2275 Bridge Street Unit 201 C 884529238
(ii) 2275 Bridge Street Unit 202 A 884529241
(jj) 2275 Bridge Street Unit 202 B 884529242
(kk) 2275 Bridge Street Unit 202 C 884529243
(ll) 2275 Bridge Street Unit 202 D 884529244
(mm) 2275 Bridge Street Unit 208 A 884529246
(nn) 2275 Bridge Street Unit 208 B 884529247
(oo) 2275 Bridge Street Unit 208 C 884529248
(pp) 2275 Bridge Street Unit 208 D 884529249
(qq) 2275 Bridge Street Unit 208 E 884529261
(rr) 2275 Bridge Street Unit 208 F 884529262
(ss) 2275 Bridge Street Unit 209 A 884529251
(tt) 2275 Bridge Street Unit 209 B 884529252
(uu) 2275 Bridge Street Unit 209 C 884529253
(vv) 2275 Bridge Street Unit 209 D 884529254
(ww) 2275 Bridge Street Unit 209 E 884529263
(xx) 2275 Bridge Street Unit 209 F 884529264
(yy) 2275 Bridge Street Unit 210 A 884529256
(zz) 2275 Bridge Street Unit 210 B 884529257
(aaa) 2275 Bridge Street Unit 210 C 884529258
(bbb) 2275 Bridge Street Unit 210 D 884529259
(ccc) 2275 Bridge Street Unit 210 E 884529266
(ddd) 2275 Bridge Street Unit 210 F 884529267
(eee) 246-72 W Berks Street 884080100
(fff) 5000 Flat Rock Road 884084504
(ggg) 2500 N American Street 885182573
(hhh) 2501 N American Street 885182580
(iii) 2730 N American Street 885250320
(jjj) 1325 Beach Street 884351717
(kkk) 2700-34 N Broad Street 884067000
(lll) 2801-11 N American Street 885250000
(mmm) 2425-39 N American Street 885935400
(nnn) 4518 Wayne Ave 885130500
(ooo) 133 Berkley Street 885827760
(ppp) 113-29 Berkley Street 884561100
Notes
595 | Amended, Bill No. 080882 (approved December 22, 2008). Section 2 of Bill No. 080882 provides: "This Ordinance shall be effective upon approval by the Commonwealth, Department of Community and Economic Development, of an application for the expansion and extension of certain zones and subzones, as provided for in Act 2008-79, and only with respect to such expansions and extensions as are approved therein, and only for such period of time as the Commonwealth provides for exemptions, abatements or credits with respect to sales and use tax, personal income tax, corporate net income tax and capital stock franchise tax for businesses and residents in such zone, as set forth in The Pennsylvania Keystone Opportunity Zone Act, P.L. 705, No. 1998-92, as amended. The amendments to Section 19-3202(1)(f) set forth herein shall be effective as set forth above and as if Bill No. 080486 (approved August 4, 2008) were effective, regardless whether said bill became effective." |
596 | Amended, Bill No. 120416 (approved August 27, 2012). Section 2 of Bill No. 120416 provides: "This Ordinance shall be effective upon approval by the Commonwealth Department of Community and Economic Development of an application for the expansion and extension of certain zones and subzones, as provided for in the Act of February 14, 2012, P.L. 183, No. 16, and only with respect to such expansions and extensions as are approved therein, and only for such period of time as the Commonwealth provides for exemptions, abatements or credits with respect to sales and use tax, personal income tax, corporate net income tax and capital stock franchise tax for businesses and residents in such zone, as set forth in The Pennsylvania Keystone Opportunity Zone Act, Act of October 6, 1998, P.L. 705, No. 92, as amended." |
597 | Added, Bill No. 010092 (approved February 28, 2001). Section 2 of the enrolled bill describes in detail the areas of the City collectively designated as the Philadelphia Keystone Opportunity Expansion Subzones, and Section 2 further provides that the descriptions set forth in Section 2 shall control over the general "known-as" descriptions set forth in Section 19-3201. Section 3 of the enrolled bill provides that the Ordinance shall be effective January 1, 2001, but only if the Commonwealth's Department of Community and Economic Development designates a Keystone Opportunity Expansion Zone in Philadelphia, and only for such period of time as the Commonwealth provides for exemptions, abatements or credits with respect to sales and use tax, personal income tax, corporate net income tax and capital stock franchise tax for businesses and residents in such zone, as set forth in The Pennsylvania Keystone Opportunity Zone Act, P.L. 705, No. 92, as amended, and only in such Expansion Zone as is designated by the Commonwealth. See note to subsection 19-3201(3). |
598 | |
599 | |
600 | |
601 | |
602 | |
603 | |
604 | Added, Bill No. 130458-A (approved June 25, 2013). Section 3 of Bill No. 130458-A provides: "This Ordinance shall be effective upon approval by the Commonwealth Department of Community and Economic Development of an application for the expansion and extension of certain zones and subzones, as provided for in the Act of February 14, 2012, P.L. 183, No. 16, and only with respect to such expansions and extensions as are approved therein, and only for such period of time as the Commonwealth provides for exemptions, abatements or credits with respect to sales and use tax, personal income tax, corporate net income tax and capital stock franchise tax for businesses and residents in such zone, as set forth in The Pennsylvania Keystone Opportunity Zone Act, Act of October 6, 1998, P.L. 705, No. 92, as amended." |
605 | |
606 | |
607 | Added, Bill No. 030242 (approved May 29, 2003). Sections 1 and 2 of Bill No. 030242 amend Bill Nos. 980788-A and 010092 as to Exhibits. See notes to caption for Chapter 19-3200 and to subsection 19-3201(2). Section 5 of Bill No. 030242 provides: "The provisions of this Ordinance shall take effect as follows: (1) Sections 1 and 2 shall take effect January 1, 2004, but only if the Commonwealth's Department of Community and Economic Development designates enhancements to the Philadelphia Keystone Opportunity Zone and/or the Philadelphia Keystone Opportunity Expansion Zone, pursuant to Act No. 217 (approved by the Governor December 9, 2002), and only for such period of time as the Commonwealth provides for exemptions, abatements or credits with respect to sales and use tax, personal income tax, corporate net income tax and capital stock franchise tax for businesses and residents in the designated enhancement areas, and only with respect to properties in such enhanced areas designated by the Commonwealth. (2) Sections 3 and 4 shall take effect upon designation by the Commonwealth's Department of Community and Economic Development of a Keystone Opportunity Improvement Zone in Philadelphia, pursuant to Act No. 217 (approved by the Governor December 9, 2002), and only for such period of time as the Commonwealth provides for exemptions, abatements or credits with respect to sales and use tax, personal income tax, corporate net income tax and capital stock franchise tax for businesses and residents in the designated Improvement Zone, and only with respect to properties in such Improvement Zone designated by the Commonwealth." Section 6 of Bill No. 030242 provides: "The Chief Clerk shall keep on file and available for public inspection the Exhibits to this Ordinance referenced herein." |
608 | |
609 | |
610 | |
611 | |
612 | |
613 | Added, Bill No. 071081 (approved December 21, 2007). Section 2 of Bill No. 071081 provides for a boundary description of the area of the City constituting the Philadelphia Strategic Development Area. Section 3 of Bill No. 071081 provides: "This Ordinance shall be effective only for such period of time as the Commonwealth provides for exemptions, abatements or credits with respect to sales and use tax, personal income tax and corporate net income tax for businesses in the Philadelphia Strategic Development Area, as set forth in The Strategic Development Areas Act, Act of November 20, 2006, No. 151." |
614 | Added, Bill No. 160708-AAA (approved September 29, 2016). Section 3 of Bill No. 160708-AAA provides: "This Ordinance shall be effective upon approval by the Commonwealth Department of Community and Economic Development of an application for the establishment of an additional Keystone Opportunity Expansion Zone, as provided for in the Act of 2016, P.L. 526, No. 84, and only with respect to parcels within such boundaries as are approved therein, and only for such period of time as the Commonwealth provides for exemptions, abatements or credits with respect to sales and use tax, personal income tax, corporate net income tax and capital stock franchise tax for businesses and residents in such zone, as set forth in The Pennsylvania Keystone Opportunity Zone Act, Act of October 6, 1998, P.L. 705, No. 92, as amended." |
615 | Added, Bill No. 170792 (approved November 1, 2017). Section 3 of Bill No. 170792 provides that these amendments shall be effective "[u]pon approval by the Commonwealth Department of Community and Economic Development of an application for the designation of an Additional Keystone Opportunity Zone or Subzones or zones of a substantially similar nature, as provided for in legislation to be adopted by the General Assembly, and only with respect to such expansions and extensions as are approved therein, and only for such period of time as the Commonwealth provides for exemptions, abatements or credits with respect to sales and use tax, personal income tax, corporate net income tax and capital stock franchise tax for businesses and residents in such zone, as set forth in the authorizing legislation of the General Assembly." |
616 | Added, Bill No. 180600-A (approved September 20, 2018). Section 2 of Bill No. 180600-A provides: "Where this Ordinance authorizes designation of a subparcel for abatements or exemptions, the authorization is contingent on formal subdivision of the property so that the subparcel becomes a separate parcel, with a unique OPA number." Section 3 of Bill No. 180600-A provides: "This Ordinance shall be effective upon approval by the Commonwealth Department of Community and Economic Development of an application for the establishment of an additional Keystone Opportunity Expansion Zone, as provided for in the Act of 2016, P.L. 526, No. 84, as amended by the Act of 2017, P.L. 672, No. 43, and only with respect to parcels within such boundaries as are approved therein, and only for such period of time as the Commonwealth provides for exemptions, abatements or credits with respect to sales and use tax, personal income tax, corporate net income tax and capital stock franchise tax for businesses and residents in such zone, as set forth in The Pennsylvania Keystone Opportunity Zone Act, Act of October 6, 1998, P.L. 705, No. 92, as amended." |