Any person whose total taxable income from all sources
is less than $5,000 per year is hereby exempt from the payment of
any per capita tax, occupation tax and any person whose total taxable
income from all sources is less than $12,000 per year is hereby exempt
from the payment of any emergency and municipal services tax or any
portion thereof levied by the City for the year 1986 and the years
thereafter.
For purposes of this section, "taxable income" means
that income subject to tax under Article III, Act of March 4, 1971
(P.L. 6, No. 2), known as the "Tax Reform Code of 1971."[1]
The Director of Administrative Services is hereby authorized and directed to formulate and adopt regulations for the processing of all claims for exemptions as set forth in § 270-30.