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Bill > PR26-0012


DC PR26-0012

DC PR26-0012
Supermarket Tax Incentive Expansion Approval Resolution of 2024


summary

Introduced
11/25/2024
In Committee
12/03/2024
Crossed Over
Passed
Dead

Introduced Session

26th Council

Bill Summary

Supermarket Tax Incentive Expansion Approval Resolution of 2024

AI Summary

This resolution expands the Supermarket Tax Incentive Program to include new geographic areas in downtown Washington, D.C. and several Northeast D.C. neighborhoods, specifically Woodridge, North Michigan Park, Lamond Riggs, Queen's Chapel, and Fort Totten. The expansion aims to address food access gaps by providing tax exemptions to grocery stores that locate in these areas, encouraging development in neighborhoods with limited food retail options. For the downtown area, which currently has an estimated population of 15,363 and aims to add 15,000 residents by 2028, the incentives are designed to support mixed-use development and attract grocery stores that typically lag behind housing growth. In the Northeast neighborhoods, which have over 23,000 residents but only two existing grocery options, the program seeks to create more food access and recapture grocery spending that currently occurs outside the District. Eligible supermarkets will receive a 10-year exemption from various taxes, including real property taxes, personal property taxes, and sales taxes, provided they meet specific requirements such as dedicating at least 50% of their selling area to food categories and accepting nutrition assistance program payments. The resolution represents a strategic economic development approach to improve food accessibility and support local community development.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

Notice of Intent to Act on PR26-0012 Published in the DC Register (on 01/10/2025)

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