{"data":{"id":"us-dc/d.c.-code-6-1504","jurisdiction":"us-dc","citation":"D.C. Code § 6-1504","heading":"Tax incentives for businesses in economic development zones.","body":"(a)\nAny incorporated or unincorporated business entity that has a place of business located within an economic development zone shall be qualified for tax incentives if:\n(1)\nThe qualification is recommended by the Mayor and approved by the Council, by resolution;\n(2)\nThe business entity has entered an employment agreement with the District of Columbia pursuant to § 2-219.01; and\n(3)\nThe business entity is subject to franchise taxes under either § 47-1807.01 et seq. or § 47-1808.01 et seq.\n\n(b)\nThe resolution approving the qualification for tax incentives pursuant to subsection (a)(1) of this section shall:\n(1)\nIdentify the qualified incorporated or unincorporated business entity;\n(2)\nIdentify each franchise tax credit to be granted; and\n(3)\nInclude an estimate of the annual dollar value of each franchise tax credit.\n\n(c)\nFor purposes of an incorporated or unincorporated business entity’s eligibility for the tax credits provided under §§ 47-1807.04, 47-1807.05, and 47-1808.04, the Mayor shall certify any employee who is a resident of the District of Columbia who received an annual income equal to or less than 150% of the lower living standard income level, as that term is defined in 29 U.S.C. § 1503, in the 12 months immediately preceding the commencement of his employment by the qualified incorporated or unincorporated business and is not a qualified summer youth as defined in 26 U.S.C. § 51.\n\n(d)\nThe following tax incentives shall be available to a qualified incorporated or unincorporated business:\n(1)\nCredits against the corporate franchise tax under §§ 47-1807.04, 47-1807.05, and 47-1807.06; and\n(2)\nCredits against the unincorporated business franchise tax under § 47-1808.07.","path":["Title 6. Housing and Building Restrictions and Regulations.","Chapter 15. Economic Development Zone Incentives."],"source_url":"https://code.dccouncil.gov/us/dc/council/code/sections/6-1504","current_through":"2026-08-20 (D.C. Law 26-175)","vintage":"","retrieved_at":"2026-08-29T05:44:07Z","sha256":"9d169d325595d8e0d9cd6c02450b116b4f322c63e1441188f54cc5ee292c0337","source_id":"us-dc","stale":false,"prev":"us-dc/d.c.-code-6-1503","next":"us-dc/d.c.-code-6-1505"},"notice":"GroundRules: Original legal text. Not legal advice."}