Bill
Bill > B25-0149
summary
Introduced
02/23/2023
02/23/2023
In Committee
11/30/2023
11/30/2023
Crossed Over
12/05/2023
12/05/2023
Passed
01/10/2024
01/10/2024
Dead
Signed/Enacted/Adopted
03/15/2024
03/15/2024
Introduced Session
25th Council
Bill Summary
AN ACT IN THE COUNCIL OF THE DISTRICT OF COLUMBIA To amend the Business Improvement District Act of 1996 to authorize the establishment and administration of the Friendship Heights Business Improvement District.
AI Summary
This bill authorizes the establishment and administration of the Friendship Heights Business Improvement District (Friendship Heights BID) in Washington, D.C. It defines the geographic boundaries of the BID and outlines the BID taxes to be imposed on non-exempt properties within the district, which include a tax per square foot for commercial properties, a tax per hotel/motel room, and a tax per residential unit for properties with 5 or more units built after 1985 (with an exemption for affordable housing units). The bill also allows for a 3% annual increase in the BID taxes and specifies the effective date of the legislation.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
Law L25-0134, Effective from Mar 01, 2024 Published in DC Register Vol 71 and Page 002686 (on 03/15/2024)
Official Document
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