{"data":{"id":"us-dc/d.c.-code-10-551.07b","jurisdiction":"us-dc","citation":"D.C. Code § 10-551.07b","heading":"Establishment of the Department of General Services Stormwater Retention Credit Fund.","body":"(a)\nThere is established as a special fund the Department of General Services Stormwater Retention Credit Fund (“Fund”), which shall be administered by the Director in accordance with subsection (c) of this section.\n\n(b)\nRevenue from the following sources shall be deposited in the Fund:\n(1)\nRevenue received directly from the sale of a Stormwater Retention Credit (“SRC”) by the Director;\n(2)\nRevenue received through lease of District property by the Department for the purpose of generating or selling a SRC;\n(3)\nRevenue received through the lease of a stormwater best management practice on District property by the Department for the purpose of generating or selling a SRC;\n(4)\nRevenue received from a third party intermediary for the authority to sell, or broker the sale of, a SRC generated on District property under the control of the Department; and\n(5)\nRevenue received by the Department pursuant to a contract for the installation and maintenance of a stormwater best management practice on property or public space under the control of the Department.\n\n(c)\n(1)\nMoney in the Fund shall be used for the following purposes:\n(A)\nTo fulfill or exceed the District’s obligations pursuant to the MS4 Permit; and\n(B)\nTo install, operate, and maintain stormwater retention projects regulated by the District’s MS4 Permit.\n(2)\nThe Director may sell a SRC generated on District property under the control of the Department, upon the certification of the SRC by the District Department of the Environment.\n\n(d)\n(1)\nThe money deposited into the Fund, and interest earned, shall not revert to the unrestricted fund balance of the General Fund of the District of Columbia at the end of a fiscal year, or at any other time.\n(2)\nSubject to authorization in an approved budget and financial plan, any funds appropriated in the Fund shall be continually available without regard to fiscal year limitation.\n\n(e)\nThe Director shall publish on the Department’s website, at least annually, a report describing how money in the Fund has been spent, including the following information:\n(1)\nThe total amount of SRC payments deposited in the Fund to date;\n(2)\nThe total amount of money spent from the Fund to date;\n(3)\nFor each sub-drainage area or watershed, the aggregate values of SRC purchased per year; and\n(4)\nFor each of the stormwater best management practices installed using money from the Fund, the type of stormwater best management practice used by the facility, the number of gallons of stormwater retained by the facility, the sub-drainage or watershed location of the facility, and a summary of the capital and maintenance costs of the project.\n\n(f)\nFor the purposes of this section, the term:\n(1)\n“MS4 Permit” shall have the same meaning as provided in § 8-151.01(15).\n(2)\n“Stormwater best management practice” shall have the same meaning as provided in § 8-151.01(14).\n(3)\n“Stormwater Retention Credit” shall have the same meaning as provided in 21 DCMR § 599.","path":["Title 10. Parks, Public Buildings, Grounds, and Space.","Chapter 5A. Department of General Services."],"source_url":"https://code.dccouncil.gov/us/dc/council/code/sections/10-551.07b","current_through":"2026-08-20 (D.C. Law 26-175)","vintage":"","retrieved_at":"2026-08-29T05:44:07Z","sha256":"c1c40f8e178526f73a0ef330bc775adb80300456a8727bd5997c954800a32bce","source_id":"us-dc","stale":false,"prev":"us-dc/d.c.-code-10-551.07a","next":"us-dc/d.c.-code-10-551.07c"},"notice":"GroundRules: Original legal text. Not legal advice."}