{"data":{"id":"us-dc/d.c.-code-47-4663","jurisdiction":"us-dc","citation":"D.C. Code § 47-4663","heading":"Soccer Stadium tax abatements.","body":"(a)\nFor the purposes of this section, the term:\n(1)\n\"Soccer stadium\" means a soccer stadium constructed after October 1, 2014 on a site bounded by Second Street, S.W., T Street, S.W., Half Street, S.W., Potomac Avenue, S.W., and R Street, S.W.\n(2)\n\"Soccer stadium site\" means the real property described as Squares 603S, 605, 607, 661, and 661N, and the northwest portion of Lot 24 in Square 665 as described in the letter of intent between the District and Potomac Electric Power Company dated December 27, 2013,  and all public alleys and streets to be closed within these squares.\n\n(b)\nThe real property taxes imposed under Chapter 8 of this title and the possessory interest tax imposed under § 47-1005.01 on that portion of the soccer stadium site on which the soccer stadium is constructed, shall be abated as follows:\n(1)\nBeginning on June 1, 2016, or the date by which the District acquires title to each portion of the soccer stadium site on which the soccer stadium is constructed, whichever is later, through the fifth lease year —100%;\n(2)\nFor lease years 6 through 10-75%;\n(3)\nFor lease years 11 through 15-50%;\n(4)\nFor lease years 16 through 20-25%;\n(5)\nBeginning with the 21st lease year and for each lease year thereafter -- zero.\n\n(c)\n(1)\nThe abatements provided by subsection (b) of this section for any real property tax year may be allocated between half tax years at the discretion of the Office of Tax and Revenue.\n(2)\nThe abatements provided by subsection (b) of this section shall terminate at the end of the half tax year during which the soccer stadium ceases to be used as a stadium by a major league soccer team.\n\n(d)\n(1)\nAll transfers of real property in the soccer stadium site from the possession date, as that term is defined in  the revised ground lease transmitted pursuant to [§ 10-1603.04(a)] (\"ground lease\"), through the end of the term of the ground lease shall be exempt from the taxes imposed by § 42-1103 and § 47-903.\n(2)\nThe exemptions provided under paragraph (1) of this subsection shall expire on the termination of the ground lease.\n\n(e)\nThe abatements and exemptions provided by this section shall be in addition to, and not in lieu of, any other tax relief or assistance from any other source applicable to the soccer stadium.","path":["Title 47. Taxation, Licensing, Permits, Assessments, and Fees. [Enacted title]","Chapter 46. Special Tax Incentives."],"source_url":"https://code.dccouncil.gov/us/dc/council/code/sections/47-4663","current_through":"2026-08-20 (D.C. Law 26-175)","vintage":"","retrieved_at":"2026-08-29T05:44:07Z","sha256":"783ee06da147b1860fa9a611874730ca6cae90db88a77a7dd12fa3ae00e2d6f8","source_id":"us-dc","stale":false,"prev":"us-dc/d.c.-code-47-4662","next":"us-dc/d.c.-code-47-4664"},"notice":"GroundRules: Original legal text. Not legal advice."}