The real property described as Lot 8, Square 5058, and any improvements thereon, shall be exempt from the tax imposed by Chapter 8 of this title for 10 years.
CREDIT(S)
(Mar. 8, 2011, D.C. Law 18-293, § 2(b), 57 DCR 11512.)
HISTORICAL AND STATUTORY NOTES
Legislative History of Laws
Law 18-293, the “800 Kenilworth Avenue Northeast Redevelopment Project Real Property Limited Tax Abatement Assistance Act of 2010”, was introduced in Council and assigned Bill No. 18-828, which was referred to the Committee on Finance and Revenue. The Bill was adopted on first and second readings on October 5, 2010, and November 9, 2010, respectively. Signed by the Mayor on November 23, 2010, it was assigned Act No. 18-614 and transmitted to both Houses of Congress for its review. D.C. Law 18-293 became effective on March 8, 2011.
Miscellaneous Notes
Section 3 of D.C. Law 18-293 provides:
“Sec. 3. Applicability.
“This act shall apply upon the inclusion of its fiscal effect in an approved budget and financial plan.”
Short title: Section 711 of D.C. Law 18-370 provided that subtitle B of title VII of the act may be cited as “Budget Financing Contingencies Act of 2010”.
Section 712 of D.C. Law 18-370 repealed section 3 of D.C. Law 18-293.