Section 47-859.04 - Tax abatements for new residential developments -Abatement caps

Tax abatements for new residential developments -Abatement caps

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.

CREDIT(S)

(July 7, 2009, D.C. Law 18-10, § 2(b), 56 DCR 3598.)

HISTORICAL AND STATUTORY NOTES

Legislative History of Laws
For Law 18-10, see notes following § 47-859.01.

Current through September 13, 2012