D.C. Code § 47-2851.13: Establishment of Basic Business License Fund.
Where this section sits in the code
- Title 47. Taxation, Licensing, Permits, Assessments, and Fees. [Enacted title]
- Chapter 28. General License Law.
- Subchapter I-A. General Provisions.
(a)
There is established as a special fund the Basic Business License Fund ("Fund"), which shall be administered by the Department of Licensing and Consumer Protection in accordance with subsection (c) of this section.
(b)
(1)
Except as provided in paragraph (2) of this subsection, all fees collected for the issuance of a basic business license, including renewals, late renewal penalties, other penalties, and fines, shall be deposited into the Fund.
(2)
Half of the total amount of penalties and fines collected as a result of notices of infractions issued for basic business license violations shall also be deposited in the Fund.
(c)
Revenue credited to the Fund shall be for:
(1)
Maintaining and improving the basic business licensing system;
(2)
Personnel and supply costs;
(3)
Educational and outreach activities on the requirements of this subchapter; and
(4)
Any other costs associated with administering this subchapter.
[(d)]
Any money remaining available in the Fund at the end of a fiscal year, as determined by the Chief Financial Officer in the fiscal year-end close, shall be transferred to the unassigned fund balance of the General Fund of the District of Columbia as part of the fiscal year-end close.
Collected 2026-08-29T05:44:07Z. Source file · JSON