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Bill > B26-0581
DC B26-0581
DC B26-0581Rhode Island Avenue Corridor Long-Term Lease Adjustment Emergency Amendment Act of 2026
summary
Introduced
02/02/2026
02/02/2026
In Committee
Crossed Over
Passed
02/17/2026
02/17/2026
Dead
Introduced Session
26th Council
Bill Summary
AN ACT IN THE COUNCIL OF THE DISTRICT OF COLUMBIA To amend, on an emergency basis, section 2032 of the Deputy Mayor for Planning and Economic Development Limited Grant-Making Authority Act of 2012 to reduce the long-term lease period to no fewer than 5 years for eligibility to the Rhode Island Avenue Support Grant Program.
AI Summary
This bill, the Rhode Island Avenue Corridor Long-Term Lease Adjustment Emergency Amendment Act of 2026, amends the Deputy Mayor for Planning and Economic Development Limited Grant-Making Authority Act of 2012 to make it easier for businesses to qualify for the Rhode Island Avenue Support Grant Program. Specifically, it reduces the required minimum lease term from "10 years" to "5 years," with the added condition that at least 3 years of the lease must remain from the application closing date. This change is being enacted on an emergency basis, meaning it will be in effect for a limited time, no longer than 90 days, to address immediate needs within the Rhode Island Avenue Corridor.
Sponsors (1)
Last Action
Transmitted to Mayor, Response Due on March 3, 2026 (on 02/17/2026)
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/B26-0581 |
| BillText | https://lims.dccouncil.gov/downloads/LIMS/61149/Meeting1/Enrollment/B26-0581-Enrollment1.pdf |
| BillText | https://lims.dccouncil.gov/downloads/LIMS/61149/Introduction/B26-0581-Introduction.pdf |
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