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D.C. Code § 47-857.09

Tax abatements for new residential developments — Abatement caps.

Official textus-dc/statcode.dccouncil.gov
Summarize

# (a)

The Mayor may approve up to $2.5 million in annual tax abatements under §§ 47-857.03 and 47-857.05; provided, the Mayor may approve only up to $500,000 in annual tax abatements in fiscal year 2003.

# (b)

The Mayor may approve up to $2 million in annual tax abatements under §§ 47-857.04 and 47-857.06.

# (c)

The Mayor may approve up to $3.5 million in annual tax abatements under §§ 47-857.07 and 47-857.08; provided, that $500,000 shall be reserved for properties in eligible area #4.

Source: official DC Code section page (code.dccouncil.gov)

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In this chapter (40 sections)
  1. 47-849 · Residential property tax relief — Definitions.
  2. 47-850 · Residential property tax relief — Homestead deduction for…
  3. 47-850.01 · Residential property tax relief — Homestead deduction for…
  4. 47-850.02 · Residential property tax relief — One-time filing,…
  5. 47-850.03 · Residential property tax relief — Transfer of homestead to…
  6. 47-850.04 · Residential property tax relief — No homestead when…
  7. 47-851 · Residential property tax relief — report on assessment changes…
  8. 47-852 · Residential property tax relief—Report on exemptions and…
  9. 47-853 · Residential property tax relief—Authorized annual adjustments
  10. 47-854 · Residential property tax relief—Forms, procedures and…
  11. 47-855 · Residential property tax relief—Applicability of provisions.
  12. 47-856 · Residential property tax relief—Severability of provisions.
  13. 47-857.01 · Tax abatements for new residential developments —…
  14. 47-857.02 · Tax abatements for new residential developments —…
  15. 47-857.03 · Tax abatements for new residential developments — Tax…
  16. 47-857.04 · Tax abatements for new residential developments — Tax…
  17. 47-857.05 · Tax abatements for new residential developments — Tax…
  18. 47-857.06 · Tax abatements for new residential developments — Tax…
  19. 47-857.07 · Tax abatements for new residential developments — Tax…
  20. 47-857.08 · Tax abatements for new residential developments — Tax…
  21. 47-857.09 · Tax abatements for new residential developments — Abatement…
  22. 47-857.10 · Tax abatements for new residential developments —…
  23. 47-857.11 · Tax abatements for nonprofit organizations locating in…
  24. 47-857.12 · Tax abatements for nonprofit organizations locating in…
  25. 47-857.13 · Tax abatements for nonprofit organizations locating in…
  26. 47-857.14 · Tax abatements for nonprofit organizations locating in…
  27. 47-857.15 · Tax abatements for nonprofit organizations locating in…
  28. 47-857.16 · Tax abatements for nonprofit organizations locating in…
  29. 47-857.09a · Tax abatements for new residential developments — Notice…
  30. 47-858.01 · Tax abatements for homeowners in enterprise zones —…
  31. 47-858.02 · Tax abatements for homeowners in enterprise zones —…
  32. 47-858.03 · Tax abatements for homeowners in enterprise zones — Tax…
  33. 47-858.04 · Tax abatements for homeowners in enterprise zones — Tax…
  34. 47-858.05 · Tax abatements for homeowners in enterprise zones —…
  35. 47-859.01 · Tax abatements for new residential developments in NoMA —…
  36. 47-859.02 · Tax abatements for new residential developments —…
  37. 47-859.03 · Tax abatements for new residential developments — Tax…
  38. 47-859.04 · Tax abatements for new residential developments — Abatement…
  39. 47-859.05 · Tax abatements for new residential developments — Rules.
  40. 47-859.04a · Tax abatements for new residential developments — Notice…
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