{"data":{"id":"us-dc/d.c.-code-47-857.09","jurisdiction":"us-dc","citation":"D.C. Code § 47-857.09","heading":"Tax abatements for new residential developments — Abatement caps.","body":"(a)\nThe Mayor may approve up to $2.5 million in annual tax abatements under §§ 47-857.03 and 47-857.05; provided, the Mayor may approve only up to $500,000 in annual tax abatements in fiscal year 2003.\n\n(b)\nThe Mayor may approve up to $2 million in annual tax abatements under §§ 47-857.04 and 47-857.06.\n\n(c)\nThe Mayor may approve up to $3.5 million in annual tax abatements under §§ 47-857.07 and 47-857.08; provided, that $500,000 shall be reserved for properties in eligible area #4.","path":["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."],"source_url":"https://code.dccouncil.gov/us/dc/council/code/sections/47-857.09","current_through":"2026-08-20 (D.C. Law 26-175)","vintage":"","retrieved_at":"2026-08-29T05:44:07Z","sha256":"b6f7aa1214907850949d57c947a22c7df6f516becb381920b2760fb4336d0ba6","source_id":"us-dc","stale":false,"prev":"us-dc/d.c.-code-47-857.08","next":"us-dc/d.c.-code-47-857.09a"},"notice":"GroundRules: Original legal text. Not legal advice."}