D.C. Code § 47-2851.13(Perm): Establishment of Basic Business License Fund.

*NOTE: This codification is not the most current, due to recent law changes. To see the current law (including emergency and temporary legislation, if relevant) click this link: Current Version*

(a)

There is established a Basic Business License Fund ("Fund"), which shall be classified as a proprietary fund and type of enterprise fund for the purposes of § 47-373(1). The Fund shall be credited with all fees that are identified in subsection (b) 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.