D.C. Code § 47-857.15: Tax abatements for nonprofit organizations locating in emerging commercial neighborhoods — Abatement caps.
Where this section sits in the code
- Title 47. Taxation, Licensing, Permits, Assessments, and Fees. [Enacted title]
- Chapter 8. Real Property Assessment and Tax.
- Subchapter II. Authority and Procedure to Establish Real Property Tax Rates.
(a)
The total annual dollar amount of tax abatements approved for an Eligible Nonprofit Zone shall not exceed:
(1)
$600,000 in the Anacostia Nonprofit Zone;
(2)
$2.6 million in the Capitol Riverfront Nonprofit Zone;
(3)
$800,000 in all Designated Nonprofit Zones;
(4)
$600,000 in the Minnesota-Benning Nonprofit Zone;
(5)
$1.2 million in the Mount Vernon Triangle Nonprofit Zone; and
(6)
$2.6 million in the NoMa Nonprofit Zone.
(b)
The total amount of real property tax abatements approved for qualified nonprofit organizations in all Eligible Nonprofit Zones shall not exceed $500,000 in Fiscal Years 2011, 2012, 2013, and 2014.
Collected 2026-08-29T05:44:07Z. Source file · JSON