Bill > B26-0252

This bill modifies the District of Columbia's real property assessment and appeals process, primarily focusing on large-valued properties. The bill requires property owners of certain high-value properties to submit income and expense information electronically to the Office of Tax and Revenue (OTR) by March 15 before the tax year, with OTR publishing a list of affected properties by February 15. For these large-valued properties, the bill extends assessment notice and first-level appeal dates, allowing them to provide the prior year's financial information and giving them additional time to contest property valuations. Specifically, owners of these properties will receive assessment notices by June 1 instead of March 1, can file appeals by July 1 instead of the standard April 1 deadline, and have modified timelines for administrative review and hearings. The bill also updates procedural details for property tax appeals, including electronic communication of appeal responses, requirements for submitting supporting information, and provisions for rehearing requests. These changes aim to provide more flexibility and time for property owners of large-valued real estate to accurately assess and challenge their property valuations. The bill will apply to tax years beginning after September 30, 2026, giving stakeholders time to prepare for the new procedures.

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https://lims.dccouncil.gov/Legislation/B26-0252