Source: https://development.code.dccouncil.us/dc/council/code/sections/47-4624.html
Timestamp: 2019-04-20 04:56:16+00:00

Document:
D.C. Law Library - § 47–4624. The Urban Institute tax rebate.
↪ § 47–4624. The Urban Institute tax rebate.
(b) The rebate shall be the amount of the portion of the real property tax that was paid, either directly or indirectly, by The Urban Institute under its lease with the lessor.
(2) Documentation that the tax has been paid.
(d) If a proper application has been made, the Chief Financial Officer shall rebate the tax on or before December 31 of the same calendar year.
(e) The real property tax rebate established by this section shall begin no earlier than January 1, 2015, and shall be effective for a 10-year period. The first year of the 10-year period shall be the year that The Urban Institute occupies a building or a portion of a building that is subject to real property taxation under Chapter 8 of this title pursuant to a signed lease with the lessor of that building or building portion. The amount of the rebate shall not exceed $1 million per tax year.
For temporary (90 day) addition, see § 2(b) of The Urban Institute Real Property Tax Abatement Emergency Act of 2008 (D.C. Act 17-648, January 6, 2009, 56 DCR 904).
For temporary (90 day) addition, see § 7161(b) 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) addition, see § 7161(b) 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 days) amendment of this section, see § 7032 of the Fiscal Year 2015 Budget Support Emergency Act of 2014 (D.C. Act 20-377, July 14, 2014, 61 DCR 7598, 20 STAT 3696).
For temporary (90 days) amendment of this section, see § 7022 of the Fiscal Year 2015 Budget Support Congressional Review Emergency Act of 2014 (D.C. Act 20-449, October 10, 2014, 61 DCR 10915, 20 STAT 4188).
For temporary (90 days) amendment of this section, see § 7022 of the Fiscal Year 2015 Budget Support Second Congressional Review Emergency Act of 2014 (D.C. Act 20-566, January 9, 2015, 62 DCR 884, 21 STAT 541).
“§ 47-4620. The Urban Institute—10-year real property tax abatement.
“(11) Tax year 2020: $650,000.
“(D) Such other information as may be required by the Chief Financial Officer.
“(c) The Urban Institute shall be subject to § 47-1007(b) and (f).”.
Section 5(b) of D.C. Law 17-376 provided that the act shall expire after 225 days of its having taken effect.
Section 2(b) of D.C. Law 18-57 added a section to read as follows: “§ 47-4624. Rhode Island Avenue development parcels—tax deferral. Upon application, the Mayor shall defer, until October 1, 2009, the real property tax imposed by Chapter 8 of this title on Rhode Island Avenue development parcels 4219/0010, 4219/0009, 4192/0012, and 4217/0003. If the real property tax is deferred and paid prior to October 1, 2009, penalty and interest shall be abated. The foregoing parcels shall not be sold at tax sale during 2009; provided, that any court-ordered foreclosure of a parcel pending prior to the effective date of this section shall supersede the provisions of this section with respect to that particular parcel and the real property owner shall be responsible for any tax sale legal fees.”.
Section 4(b) of D.C. Law 18-57 provided that the act shall expire after 225 days of its having taken effect.
Short title: Section 7160 of D.C. Law 18-111 provided that subtitle N of title VII of the act may be cited as the “The Urban Institute Real Property Tax Abatement Act of 2009”.

References: § 47
 § 47
 § 2
 § 7161
 § 7161
 § 7032
 § 7022
 § 7022
 § 47