Source: https://development.code.dccouncil.us/dc/council/code/sections/47-334.html
Timestamp: 2019-04-23 20:42:25+00:00

Document:
D.C. Law Library - § 47–334. Definitions.
(1) “Debt Service” means the amount of money necessary to pay interest on outstanding District Bonds, including interest payments deferred to future years, the principal on maturing District Bonds, and the required contributions to a sinking fund for District Bonds, but excluding debt service payments rebated to the District pursuant to the American Recovery and Reinvestment Act of 2009, approved February 17, 2009 (123 Stat. 115; 26 U.S.C. § 1 note). For tax-supported debt issued as variable-rate District Bonds, if the planned amortization of principal on the District Bonds, as documented in the indenture associated with such District Bonds, is different from the stated maturity of principal on the District Bonds, then the principal on maturing District Bonds shall mean the planned amortization of principal on the District Bonds.
(E) Lease purchase financing obligations.
(3) “District Bond Issuance” means the District’s authorizing, selling, and delivering of District Bonds, including District Bonds to refund outstanding District Bonds.
(4) “Home Rule Act” means the District of Columbia Home Rule Act, approved December 24, 1973 (87 Stat. 774; D.C. Official Code § 1-201.01 et seq.).
(5) “Total Expenditures” means the total amount included in the Total Expenditures and Transfers line item in the enacted District Budget and Financial Plan for the General Fund for an applicable fiscal year, plus any Debt Service amounts in an applicable fiscal year on District Bonds for which the Debt Service on such District Bonds is not included in the Total Expenditures and Transfers line item in the enacted District Budget and Financial Plan for the General Fund.
This section is referenced in § 8-1778.30.
D.C. Law 18-370, in par. (1), added the second sentence.
For temporary (90 day) amendment of section, see § 2(a) of Limitation on Borrowing and Establishment of the Operating Cash Reserve Technical Amendment Emergency Act of 2009 (D.C. Act 18-174, August 3, 2009, 56 DCR 6639).
For temporary (90 day) amendment of section, see § 7081(a) of Fiscal Year 2010 Budget Support Emergency Act of 2009 (D.C. Act 18-187, August 26, 2009, 56 DCR 7374).
For temporary (90 day) amendment of section, see § 7211(a) of Fiscal Year 2010 Budget Support Second Emergency Act of 2009 (D.C. Act 18-207, October 15, 2009, 56 DCR 8234).
For temporary (90 day) amendment of section, see § 7211(a) of Fiscal Year Budget Support Congressional Review Emergency Amendment Act of 2009 (D.C. Act 18-260, January 4, 2010, 57 DCR 345).
For temporary (90 day) amendment of section, see § 752(a) of Fiscal Year 2011 Supplemental Budget Support Emergency Act of 2010 (D.C. Act 18-694, January 19, 2011, 58 DCR 662).
Short title: Section 7210 of D.C. Law 18-111 provided that subtitle S of title VII of the act may be cited as the “Limitation on Borrowing Technical Amendments Act of 2009”.
Short title: Section 751 of D.C. Law 18-370 provided that subtitle F of title VII of the act may be cited as “Limitation on Borrowing Amendment Act of 2010”.

References: § 47
 § 1
 § 1
 § 8
 § 2
 § 7081
 § 7211
 § 7211
 § 752