Sustainable Business tax credit in the works!

Philadelphia City Council's Finance Committee recently approved an amendment to Bill No. 090119

introduced by Councilman Kenney to create tax incentives for certified sustainable businesses located in the City of Philadelphia

This legislation is well timed as it coincides with unprecedented investment in the green economy from the federal level, and supports the city’s goal to “Double the Number of Low- and High-Skill Green Jobs” it set for itself in Target 14 of Greenworks Philadelphia

. By creating a more supportive climate for green businesses in Philadelphia, the city is working to grow local businesses so they will be here to hire the graduates of all the new federally-funded training programs that will come online in 2010.

City Council is expected to vote on the amendment early this week. You can let them know that passing this legislation is important to you by emailing them today

.