Source: https://development.code.dccouncil.us/dc/council/code/sections/9-1111.15.html
Timestamp: 2019-04-21 02:46:15+00:00

Document:
D.C. Law Library - § 9–1111.15. Establishment of Metrorail/Metrobus Account.
↪ Subchapter VI. Adopted Regional System.
↪ § 9–1111.15. Establishment of Metrorail/Metrobus Account.
§ 9–1111.14. Authorization of additional federal contributions for construction.
§ 9–1111.16. Annual report of Account.
§ 9–1111.15. Establishment of Metrorail/Metrobus Account.
(a) The Mayor of the District of Columbia shall establish within the General Fund an account classification to be known as the “Metrorail/Metrobus Account”.
(1) All grant funds earned by the District of Columbia, after September 30, 1981, for eligible transit operating expenses of the Washington Metropolitan Area Transit Authority (“WMATA”) pursuant to § 5 of the Urban Mass Transportation Act of 1964 (49 U.S.C. § 1604) [see now 49 U.S.C. § 5301 et seq.].
(3) All revenues earned, after September 30, 1983, pursuant to § 50-1501.03.
(4) All revenues earned, after September 30, 1983, pursuant to § 50-2201.03(j).
(c) Revenues earned from the tax imposed pursuant to § 47-1501 [repealed] shall be deposited in the General Fund and allocated to the Metrorail/Metrobus Account classification in such amounts that shall be necessary to cover additional expenditures pursuant to paragraphs (1) and (2) of subsection (e) of this section.
(d) If revenues are insufficient to cover applicable expenditures as required in this subchapter, funding shall be made available from other General Fund revenues to cover the necessary additional amounts as needed pursuant to paragraphs (1) and (2) of subsection (e) of this section.
(3) Third, for other authorized expenditures of the District of Columbia government.
Fund structure to be utilized by District, organization, see § 47-373.
For temporary amendment of section, see § 3 of the Tax Increment Financing Emergency Amendment Act of 1998 (D.C. Act 12-562, January 22, 1999, 46 DCR 2104).
Section 5 of D.C. Act 12-562 provided that the provisions of the act shall apply to any project approved by the Council pursuant to § 5 of the Tax Increment Financing Authorization Act of 1998, effective September 11, 1998 (D.C. Law 12-143; to be codified at D.C. Code § 2-1217.04), after the effective date of this act.
Section 47-1501, referred to in subsection (c) of this section, was repealed Feb. 28, 1987, by D.C. Law 6-212, § 24.
The Urban Mass Transportation Act of 1964, referred to in (b)(1), is Pub. L. 88-365, 78 Stat. 302, formerly codified as 49 U.S.C. Appx. § 1601 et seq. For present law, see 49 U.S.C. § 5301 et seq.

References: § 9
 § 9

§ 9

§ 9

§ 9
 § 5
 § 1604
 § 5301
 § 50
 § 50
 § 47
 § 47
 § 3
 § 5
 § 2
 § 24
 § 1601
 § 5301