The real properties described as Lot 863 in Square 2560, and Lot 873, Square 2563, owned by Jubilee Housing Inc., or by an entity controlled, directly or indirectly, by Jubilee Housing Inc., including Jubilee Housing Limited Partnership II, shall be exempt from taxation under Chapter 8 of this title so long as the real properties continue to be owned by Jubilee Housing Inc., or by an entity controlled, directly or indirectly, by Jubilee Housing Inc., or continue to be under applicable use restrictions during a federal low-income housing tax credit compliance period, and are not used for commercial purposes, subject to the provisions of §§ 47-1005, 47-1007 and 47-1009.
CREDIT(S)
(May 27, 2010, D.C. Law 18-163, § 2(b), 57 DCR 3032; July 13, 2012, D.C. Law 19-158, § 2(b), 59 DCR 5689.)
HISTORICAL AND STATUTORY NOTES
Effect of Amendments
D.C. Law 19-158, in the section heading, substituted “rental project; Lot 863 in Square 2560, and Lot 873, Square 2563.” for ““rental project; Lots 107 and 108, Square 2560, and Lot 863, Square 2560.”; substituted “described as Lot 863 in Square 2560, and Lot 873, Square 2563, owned by Jubilee Housing Inc.,” for “described as Lots 107 and 108, Square 2560, and Lot 863, Square 2560, owned by Jubilee Housing Inc.,”; and substituted “provisions of §§ 47-1005, 47-1007 and 47-1009.” for “provisions of § 47-1005, 47-1007, and 47-1009.”
Temporary Amendments of Section
Section 2(b) of D.C. Law 19-73, in the section heading, substituted “rental project; Lots 107 and 108, now known as Lot 863 in Square 2560, and Lot 873, Square 2563” for “rental project; Lots 107 and 108, Square 2560, and Lot 863, Square 2560”; substituted “described as Lots 107 and 108, now known as Lot 863 in Square 2560, and Lot 873, Square 2563, owned by Jubilee Housing Inc.,” for “described as Lots 107 and 108, Square 2560, and Lot 863, Square 2560, owned by Jubilee Housing Inc.,” ; and substituted “provisions of §§ 47-1005, 47-1007, and 47-1009” for “provisions of § 47-1005, 47-1007, and 47-1009” .
Section 4(b) of D.C. Law 19-73 provides that the act shall expire after 225 days of its having taken effect.
Emergency Act Amendments
For temporary (90 day) repeal of section 3 of D.C. Law 18-163, see § 7008 of Fiscal Year 2011 Budget Support Emergency Act of 2010 (D.C. Act 18-463, July 2, 2010, 57 DCR 6542).
For temporary (90 day) amendment of section, see § 2(b) of Jubilee Housing Residential Rental Project Real Property Tax Exemption Clarification Emergency Act of 2011 (D.C. Act 19-205, October 17, 2011, 58 DCR 9326).
For temporary (90 day) amendment of section, see § 2(b) of Jubilee Housing Residential Rental Project Real Property Tax Exemption Clarification Congressional Review Emergency Act of 2012 (D.C. Act 19-295, January 20, 2012, 59 DCR 489).
Legislative History of Laws
Law 18-163, the “Jubilee Housing Residential Rental Project Real Property Tax Exemption Act of 2010”, was introduced in Council and assigned Bill No. 18-456, which was referred to the Committee on Finance and Revenue. The bill was adopted on first and second readings on March 2, 2010, and March 16, 2010, respectively. Signed by the Mayor on April 2, 2010, it was assigned Act No. 18-355 and transmitted to both Houses of Congress for its review. D.C. Law 18-163 became effective on May 27, 2010.
For history of Law 19-158, see notes under § 47-4628.
Miscellaneous Notes
Section 3 of D.C. Law 18-163 provides:
“Sec. 3. Applicability.
“This act shall apply upon the inclusion of its fiscal effect in an approved budget and financial plan.”
Section 7008 of D.C. Law 18-223 repealed section 3 of D.C. Law 18-163.
Section 3 of D.C. Law 19-158 provides:
“Sec. 3. Applicability.
“Section 2(a) and (b) shall apply as of October 1, 2010.”