{"data":{"id":"us-dc/d.c.-code-44-608","jurisdiction":"us-dc","citation":"D.C. Code § 44-608","heading":"Conversion fee.","body":"If a nonprofit entity is a party to a conversion approved pursuant to § 44-603, the District shall make an assessment, to recover part of the charitable assets, equal to 10% of the amount of the real property tax the healthcare entity would have paid during the past 5 years had it not been exempt from federal income taxation under sections 501(c) or (e) of the Internal Revenue Code. Such amount shall be paid in three equal installments.","path":["Title 44. Charitable and Curative Institutions.","Chapter 6. Healthcare Entity Conversion."],"source_url":"https://code.dccouncil.gov/us/dc/council/code/sections/44-608","current_through":"2026-08-20 (D.C. Law 26-175)","vintage":"","retrieved_at":"2026-08-29T05:44:07Z","sha256":"0e365c3f4f7cecf4332364c40d6b98d9826f02152b7e367656fd911aa33364d9","source_id":"us-dc","stale":false,"prev":"us-dc/d.c.-code-44-607","next":"us-dc/d.c.-code-44-609"},"notice":"GroundRules: Original legal text. Not legal advice."}