Source: https://development.code.dccouncil.us/dc/council/code/titles/47/chapters/3/subchapters/II-C/
Timestamp: 2019-04-18 22:46:09+00:00

Document:
D.C. Law Library - Subchapter II-C. Industrial Revenue Bond Fees.
The Mayor may assess fees in connection with the provision to any for-profit or not for profit entity of loans, grants, credit support, revenue bonds, notes or other obligations authorized pursuant to federal law or regulations or any act or resolution of the Council of the District of Columbia. Such fees shall be in amounts reasonably calculated to defray costs associated with developing, implementing, administering, monitoring, evaluating or otherwise supporting such financial assistance for economic development purposes.
This section is referenced in § 47-340.21 and § 47-340.23.
Monies credited to the Account established under § 47-340.21 shall be allocated annually to the Office of the Deputy Mayor for Planning and Economic Development in an aggregate amount that is equal to the total deposits and earnings that have accrued during the immediately preceding fiscal year. Monies remaining in the Account at the end of any fiscal year shall not revert to the General Fund, but shall remain in the Account.
This section is referenced in § 47-340.23.
D.C. Law 13-226 substituted “funds in excess of $5 million or in excess of” for “funds in excess of”.
D.C. Law 14-190 substituted “at the designation of the Council, or at the designation of the Mayor or Deputy Mayor for Planning and Economic Development, with the approval of the Council” for “for Fiscal Year 2002”.
For temporary (90 day) amendment of section, see § 4(b) of the Redevelopment Land Agency Disposition Review Congressional Review Emergency Amendment Act of 2000 (D.C. Act 13-524, January 11, 2001, 48 DCR 624).
For temporary (90 day) amendment of section, see § 1122 of Fiscal Year 2003 Budget Support Emergency Act of 2002 (D.C. Act 14-453, July 23, 2002, 49 DCR 8026).
Short title of subtitle B of title XI of Law 14-190: Section 1121 of D.C. Law 14-190 provided that subtitle B of title XI of the act may be cited as the Industrial Revenue Bond Special Account Act of 2002.

References: § 47
 § 47
 § 47
 § 47
 § 4
 § 1122