Philadelphia City Council to Consider Tax Abatements for Green Buildings
In an effort to spur "green collar" jobs and encourage the green building movement in Philadelphia, Councilman Curtis Jones has introduced a proposed tax abatement plan for Green Buildings. Although quite controversial in this time of lowering property tax revenues to cities and smaller funding coming from state government, Jones has proposed that Platinum LEED buildings receive a 100% abatement while lower LEED certified buildings receive lower abatements on a sliding scale to 10%.
