Source: https://development.code.dccouncil.us/dc/council/code/sections/47-1081.html
Timestamp: 2019-04-20 04:48:59+00:00

Document:
D.C. Law Library - § 47–1081. KIPP DC — Douglass Property; Lot 950, Square 5872.
↪ § 47–1081. KIPP DC — Douglass Property; Lot 950, Square 5872.
§ 47–1080. Bolling Air Force Base housing.
§ 47–1082. The Studio Theatre housing.
§ 47–1081. KIPP DC — Douglass Property; Lot 950, Square 5872.
(a) The real property located at 2600-2620 Douglas Road, S.E., and described as Lot 950, Square 5872, shall be exempt from real property taxation, including possessory interests, so long as the real property continues to be owned, or occupied under a ground lease, by KIPP DC or KIPP DC — Douglass QALICB, Inc.
(b) Any transfer, assignment, or other disposition of all or any portion of the real property described in subsection (a) of this section, including an assignment of leasehold interest in the real property or a sublease of the real property, between KIPP DC and KIPP DC Douglass QALICB, Inc., shall be exempt from the tax imposed by § 42-1103 and § 47-903.
For temporary (90 day) addition, see § 2(b) of KIPP DC — Douglass Property Tax Exemption Emergency Act of 2009 (D.C. Act 18-42, April 24, 2009, 56 DCR 3564).
“§ 47-1081. KIPP DC—Douglass Property; Lot 950, Square 5872.
“(a) The real property located at 2600-2620 Douglas Road, S.E., and described as Lot 950, Square 5872, shall be exempt from real property and possessory interest taxation so long as the real property continues to be owned or ground leased by KIPP DC or KIPP DC—Douglass QALICB, Inc.
Section 4(b) of D.C. Law 18-28 provided that the act shall expire after 225 days of its having taken effect.

References: § 47
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 § 42
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 § 2