Bill
Bill > B25-1019
DC B25-1019
DC B25-1019Housing in Downtown Tax Abatement Congressional Review Emergency Amendment Act of 2024
summary
Introduced
11/06/2024
11/06/2024
In Committee
Crossed Over
Passed
11/22/2024
11/22/2024
Dead
Introduced Session
25th Council
Bill Summary
AN ACT IN THE COUNCIL OF THE DISTRICT OF COLUMBIA To amend, on an emergency basis, due to congressional review, Chapter 8 of Title 47 of the District of Columbia Official Code to require that tax abatements for housing in downtown be awarded competitively, ensure proper recording of the Tenant Opportunity to Purchase Act exemption, extend the timeframe for receiving a certificate of occupancy, and remove a calculation that is no longer applicable.
AI Summary
This bill amends Chapter 8 of Title 47 of the District of Columbia Official Code to make several changes to the housing tax abatement program in downtown DC. The key provisions include: 1) requiring tax abatements to be awarded competitively, 2) ensuring proper recording of the Tenant Opportunity to Purchase Act exemption, 3) extending the timeframe for receiving a certificate of occupancy from 24 to 30 months, and 4) removing a calculation that is no longer applicable. The bill is being passed on an emergency basis due to congressional review and will be in effect for up to 90 days.
Sponsors (1)
Last Action
Act A25-0632 Published in DC Register Vol 71 and Page 014462, Expires on Feb 20, 2025 (on 11/29/2024)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://lims.dccouncil.gov/Legislation/B25-1019 |
| BillText | https://lims.dccouncil.gov/downloads/LIMS/56512/Meeting1/Enrollment/B25-1019-Enrollment1.pdf |
| BillText | https://lims.dccouncil.gov/downloads/LIMS/56512/Introduction/B25-1019-Introduction.pdf |
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