Bill > B26-0485

This bill amends a property tax exemption for art galleries in Washington, D.C. by expanding the existing tax exemption to include portions of art gallery buildings used for business operations that support the cultural mission of the organization. Currently, art galleries must be non-profit, open to the public generally, and free of charge for at least five days per week to qualify for the exemption. The proposed amendment would allow art galleries to use some of their space for business purposes that are directly related to their cultural mission without losing their property tax-exempt status. This change aims to provide more financial flexibility for non-profit art galleries by recognizing that some business activities are necessary to sustain their cultural programming. The bill would take effect after mayoral approval, a 30-day congressional review period, and publication in the District of Columbia Register.

Business and Industry

https://lims.dccouncil.gov/Legislation/B26-0485