{"data":{"id":"us-dc/d.c.-code-47-859.04","jurisdiction":"us-dc","citation":"D.C. Code § 47-859.04","heading":"Tax abatements for new residential developments — Abatement caps.","body":"The Mayor may approve an amount not to exceed $5 million annually in tax abatements under § 47-859.03, not to exceed $50 million in the aggregate.","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/47-859.04","current_through":"2026-08-20 (D.C. Law 26-175)","vintage":"","retrieved_at":"2026-08-29T05:44:07Z","sha256":"16045aa6167d8bd06612a5808da03f80576e158ef1847b6f541e561aaec8dab6","source_id":"us-dc","stale":false,"prev":"us-dc/d.c.-code-47-859.03","next":"us-dc/d.c.-code-47-859.04a"},"notice":"GroundRules: Original legal text. Not legal advice."}