reglab/housing_qa huggingface dataset:
DC Code § 47-351.09 (2021)
2021 District of Columbia Code|Title 47 - Taxation, Licensing, Permits, Assessments, and Fees. [Enacted title]|Chapter 3 - Budget and Financial Management; Borrowing; Deposit of Funds|Subchapter III-A - Financial Institutions Deposits and Investments|§ 47-351.09. Linked deposits for community development lending

(a) The Mayor, or the CFO pursuant to § 47-351.02(c), may make a deposit in an insured financial institution in return for a commitment by that institution to make specific community development loans in a low-to-moderate income area. The Mayor, or the CFO pursuant to § 47-351.02(c), shall determine the amount and scope of community development loans required to qualify for such linked deposits. (b) When making a linked deposit, the Mayor, or the CFO pursuant to § 47-351.02(c), may accept a below-market interest rate that is within 3% of the market rate interest if the insured financial institution provides an equivalent reduction in the interest rate charged for the community development lending to which the deposit is linked. (c) The Mayor, or the CFO pursuant to § 47-351.02(c), may make deposits linked to either specific loans or loan types. (d) An insured financial institution may submit to the Mayor, or the CFO pursuant to § 47-351.02(c), a linked deposit application that includes information about the proposed community development lending and any other information the Mayor, or the CFO pursuant to § 47-351.02(c), requires. (e) If the Mayor, or the CFO pursuant to § 47-351.02(c), approves a linked deposit application, the Mayor, or the CFO pursuant to § 47-351.02(c), and the insured financial institution shall enter into an agreement that includes each of the following terms and conditions and any others the Mayor, or the CFO pursuant to § 47-351.02(c), may require: (1) A requirement that the insured institution shall not assign or sell a loan made with the proceeds of a linked deposit without approval of the Mayor, or the CFO pursuant to § 47-351.02(c), as long as the linked deposit is in effect; (2) A requirement that a delay in payment or default by a borrower receiving a linked deposit loan does not affect the agreement between the insured financial institution and the Mayor, or the CFO pursuant to § 47-351.02(c); (3) The terms of the deposit; (4) A requirement that the Mayor, or the CFO pursuant to § 47-351.02(c), shall monitor compliance with the agreement; and (5) The terms of the community development loans lending effort. (f) The total amount of linked deposits and community development program deposits shall not exceed 7% of the average annual investment balance of the latest audited fiscal year.  (Mar. 18, 1998, D.C. Law 12-56, § 2(c), 44 DCR 6933.)  Prior Codifications 1981 Ed., § 47-351.9. Section References This section is referenced in § 47-351.05. Emergency Legislation See Historical and Statutory Notes following § 47-351.01.
DC Code § 47-351.10 (2021)
2021 District of Columbia Code|Title 47 - Taxation, Licensing, Permits, Assessments, and Fees. [Enacted title]|Chapter 3 - Budget and Financial Management; Borrowing; Deposit of Funds|Subchapter III-A - Financial Institutions Deposits and Investments|§ 47-351.10. Preservation of banking services

(a) Without regard to the competitive bidding requirements of §§ 47-351.04 and 47-351.05, the Mayor, or the CFO pursuant to § 47-351.02(c), may place deposits or investments at an insured financial institution for the purpose of maintaining banking services in a low-to-moderate income area in the District. (b) If the Mayor, or the CFO pursuant to § 47-351.02(c), waives the requirements of §§ 47-351.04 and 47-351.05, the Mayor, or the CFO pursuant to § 47-351.02(c), shall execute a community development program agreement with the insured financial institution or certify that the insured financial institution is meeting the objectives of an existing community development program. (c) For the purposes of this section only, a community development program agreement shall meet the requirements of § 26-704(d).  (Mar. 18, 1998, D.C. Law 12-56, § 2(c), 44 DCR 6933.)  Prior Codifications 1981 Ed., § 47-351.10. Section References This section is referenced in § 47-351.05. Emergency Legislation See Historical and Statutory Notes following § 47-351.01.
DC Code § 47-351.11 (2021)
2021 District of Columbia Code|Title 47 - Taxation, Licensing, Permits, Assessments, and Fees. [Enacted title]|Chapter 3 - Budget and Financial Management; Borrowing; Deposit of Funds|Subchapter III-A - Financial Institutions Deposits and Investments|§ 47-351.11. District funds reserved for certain insured institutions

Without regard to the competitive bidding requirements of §§ 47-351.05 and 47-351.07, the Mayor, or the CFO pursuant to § 47-351.02(c), may reserve up to 10% of District funds available for deposit or investment in order to make an investment or a deposit with one or more insured financial institutions located in the District that have less than $550 million in assets. The amount available for deposit or investment is to be calculated based upon the prior year’s average investment balance. In selecting an insured financial institution under this section, the Mayor, or the CFO pursuant to § 47-351.02(c), shall follow the provisions of § 47-351.04 and shall encourage the use of women-owned banks and federally or District chartered minority-owned banks certified by the Small and Local Business Opportunity Commission in accordance with [subchapter IX-A of Chapter 2 of Title 2]. The amount of District funds deposited in any such institution shall not exceed the federally insured amount, unless the amount of District funds deposited that exceed the federally insured amount meet the collateral requirements set forth in § 47-351.08 and the permitted investment instrument provisions set forth in § 47-351.03.  (Mar. 18, 1998, D.C. Law 12-56, § 2(c), 44 DCR 6933; October 4, 2000, D.C. Law 13-169, § 8, 47 DCR 5846; Oct. 20, 2005, D.C. Law 16-33, § 2381(c), 52 DCR 7503; Mar. 20, 2008, D.C. Law 17-124, § 2, 55 DCR 1516.)  Prior Codifications 1981 Ed., § 47-351.11. Section References This section is referenced in § 47-351.05. Effect of Amendments D.C. Law 13-169 authorized striking the phrase “Minority Business Opportunity Commission in accordance with § 1-1141 et seq.” and inserting the phrase “Local Business Opportunity Commission in accordance with subchapter II-B of Chapter 2 of Title 2.” in its place. D.C. Law 16-33 substituted “Small and Local Business Opportunity Commission in accordance with subchapter IX-A if Chapter 2 of Title 2 ” for “District of Columbia Local Business Opportunity Commission in accordance with subchapter IX of Chapter 2 of Title 2”. D.C. Law 17-124 substituted “10%” for “1%”; substituted “550” for “350”; and inserted “, unless the amount of District funds deposited that exceed the federally insured amount meet the collateral requirements set forth in § 47-351.08 and the permitted investment instrument provisions set forth in § 47-351.03”. Emergency Legislation For temporary (90 day) amendment of section, see § 2381(c) of Fiscal Year 2006 Budget Support Emergency Act of 2005 (D.C. Act 16-168, July 26, 2005, 52 DCR 7667).
DC Code § 47-351.12 (2021)
2021 District of Columbia Code|Title 47 - Taxation, Licensing, Permits, Assessments, and Fees. [Enacted title]|Chapter 3 - Budget and Financial Management; Borrowing; Deposit of Funds|Subchapter III-A - Financial Institutions Deposits and Investments|§ 47-351.12. Public disclosure

(a) Except as provided in subsection (b) of this section, all information submitted by a financial institution to the Mayor, or the CFO pursuant to § 47-351.02(c), shall be available for public inspection and reproduction during regular business hours. (b) Proprietary financial and commercial information of any financial institution shall be kept confidential. (c) A breach of confidentiality shall be subject to the penalties set forth in § 47-351.15.  (Mar. 18, 1998, D.C. Law 12-56, § 2(c), 44 DCR 6933.)  Prior Codifications 1981 Ed., § 47-351.12. Emergency Legislation See Historical and Statutory Notes following § 47-351.01.
DC Code § 47-351.13 (2021)
2021 District of Columbia Code|Title 47 - Taxation, Licensing, Permits, Assessments, and Fees. [Enacted title]|Chapter 3 - Budget and Financial Management; Borrowing; Deposit of Funds|Subchapter III-A - Financial Institutions Deposits and Investments|§ 47-351.13. Protection of District funds at risk

(a) The Mayor, or the CFO pursuant to § 47-351.02(c), may take the action provided for in subsection (b) of this section to protect District funds if: (1) A financial institution fails to return a deposit upon demand or upon the termination of or pursuant to the terms of an agreement; (2) A financial institution fails to pay a valid check, draft, or warrant issued by the Mayor, or the CFO pursuant to § 47-351.02(c); (3) A financial institution fails to honor a request for the electronic transfer of District funds; (4) A financial institution fails to account for a check, draft, warrant, order, deposit, certificate, or money that the District entrusts to it; (5) A financial institution fails to return an investment under the terms of an agreement or upon the termination of an agreement; (6) A financial institution fails to perform under the terms of an agreement involving banking business; (7) A financial institution fails to maintain the required collateral pursuant to § 47-351.08; (8) A court or a federal, District, or state banking regulator orders a financial institution to refrain from making payments on its liabilities; (9) A court or a federal, District, or state banking regulator appoints a conservator or receiver for the financial institution; (10) The Mayor, or the CFO pursuant to § 47-351.02(c), determines that the financial institution is financially unsound; (11) A financial institution fails to comply with this subchapter; or (12) Any other action has occurred or is impending which the Mayor, or the CFO pursuant to § 47-351.02(c), decides would place District funds in jeopardy. (b) If the Mayor, or the CFO pursuant to § 47-351.02(c), determines that any condition under subsection (a) of this section exists, the Mayor, or the CFO pursuant to § 47-351.02(c), may, without any further action: (1) Withdraw or demand the return of District funds immediately; (2) Take action to seize all collateral provided under section 9; (3) Liquidate collateral and retain proceeds in the amount equal to District funds held by the financial institution plus liquidation costs; (4) Direct the financial institution to immediately stop performing any financial services for the District; (5) Terminate any agreement relating to banking business; (6) Remove the financial institution from the eligible bidder’s list; or (7) Take other action deemed necessary for the protection of District funds.  (Mar. 18, 1998, D.C. Law 12-56, § 2(c), 44 DCR 6933.)  Prior Codifications 1981 Ed., § 47-351.13. Section References This section is referenced in § 47-351.04. Emergency Legislation See Historical and Statutory Notes following § 47-351.01.
DC Code § 47-351.14 (2021)
2021 District of Columbia Code|Title 47 - Taxation, Licensing, Permits, Assessments, and Fees. [Enacted title]|Chapter 3 - Budget and Financial Management; Borrowing; Deposit of Funds|Subchapter III-A - Financial Institutions Deposits and Investments|§ 47-351.14. Check cashing; identification

(a) An eligible financial institution shall cash checks issued by the District government without charge for both account and non-account holders. (b) An insured institution may require a holder of a check meeting the requirements of subsection (a) of this section to show proper identification. Proper identification is any form of identification as required by the bank in accordance with its rules and regulations.  (Mar. 18, 1998, D.C. Law 12-56, § 2(c), 44 DCR 6933.)  Prior Codifications 1981 Ed., § 47-351.14. Emergency Legislation See Historical and Statutory Notes following § 47-351.01.
DC Code § 47-351.15 (2021)
2021 District of Columbia Code|Title 47 - Taxation, Licensing, Permits, Assessments, and Fees. [Enacted title]|Chapter 3 - Budget and Financial Management; Borrowing; Deposit of Funds|Subchapter III-A - Financial Institutions Deposits and Investments|§ 47-351.15. Penalties

Any director, officer, manager, agent, or employee of an eligible financial institution who knowingly violates a provision of this subchapter may, upon conviction, be fined not less than $500 nor more than $2,000.  (Mar. 18, 1998, D.C. Law 12-56, § 2(c), 44 DCR 6933.)  Prior Codifications 1981 Ed., § 47-351.15. Section References This section is referenced in § 47-351.12. Emergency Legislation See Historical and Statutory Notes following § 47-351.01.
DC Code § 47-351.16 (2021)
2021 District of Columbia Code|Title 47 - Taxation, Licensing, Permits, Assessments, and Fees. [Enacted title]|Chapter 3 - Budget and Financial Management; Borrowing; Deposit of Funds|Subchapter III-A - Financial Institutions Deposits and Investments|§ 47-351.16. Rulemaking

The Mayor, pursuant to title 1 of the District of Columbia Administrative Procedure Act, approved October 21, 1968 (82 Stat. 1204; § 2-501 et seq.), shall issue rules to implement the provisions of this subchapter.  (Mar. 18, 1998, D.C. Law 12-56, § 2(c), 44 DCR 6933.)  Prior Codifications 1981 Ed., § 47-351.16. Section References This section is referenced in § 47-351.02. Emergency Legislation See Historical and Statutory Notes following § 47-351.01.
DC Code § 47-355.01 (2021)
2021 District of Columbia Code|Title 47 - Taxation, Licensing, Permits, Assessments, and Fees. [Enacted title]|Chapter 3 - Budget and Financial Management; Borrowing; Deposit of Funds|Subchapter III-B - Anti-Deficiency|§ 47-355.01. Definitions

For the purposes of this subchapter, the term: (1) “Agency” means an agency, office, department, board, commission, or independent agency or instrumentality of the District Government. (2) “Apportionment” means the division of an agency’s appropriated budget authority by periods within a fiscal year. (2A) “Emergencies involving the safety of human life or the protection of property” does not include ongoing, regular functions of government the suspension of which would not imminently threaten the safety of human life or the protection of property. (3) “Employee” means an individual who performs a function of the District Government and who receives compensation for the performance of that function. (4) “Manager” means an individual chosen or appointed to manage, direct, or administer some affairs of the agency, including the expenditure of funds. (5) “Program” means the highest level, for budgeting and expenditure control, within the agency that the District of Columbia Government uses for a specific purpose for appropriated budget authority. A program may consist of multiple activities, which combined achieve the stated purpose and goals.  (Apr. 4, 2003, D.C. Law 14-285, § 2, 50 DCR 940; Mar. 13, 2004, D.C. Law 15-105, § 77(a), 51 DCR 881; Sept. 20, 2012, D.C. Law 19-168, § 1102(a), 59 DCR 8025.)  Effect of Amendments D.C. Law 15-105, in the introductory paragraph, validated a previously made technical correction. The 2012 amendment by D.C. Law 19-168 added (2A). Emergency Legislation For temporary (90 day) amendment of section, see § 1102(a) of Fiscal Year 2013 Budget Support Emergency Act of 2012 (D.C. Act 19-383, June 19, 2012, 59 DCR 7764). For temporary (90 day) amendment of section, see § 1102(a) of Fiscal Year 2013 Budget Support Congressional Review Emergency Act of 2012 (D.C. Act 19-413, July 25, 2012, 59 DCR 9290). Mayor's Orders Allocation of Spending (FY 2011), see Mayor’s Order 2010-160, October 8, 2010 ( 57 DCR 9559). Rescission of Quarterly Apportionment Provisions and Non-Personal Services Restrictions for Subordinate Executive Branch Agencies Imposed Under Mayor’s Order 2010-160, see Mayor’s Order 2011-35, January 19, 2011 ( 58 DCR 869). NPS Restrictions for Subordinate Executive Branch Agencies, see Mayor’s Order 2011-102, May 18, 2011 ( 58 DCR 4678). Allocation of Spending (FY 2012), see Mayor’s Order 2011-188, December 1, 2011 ( 58 DCR 10385).
DC Code § 47-355.03 (2021)
2021 District of Columbia Code|Title 47 - Taxation, Licensing, Permits, Assessments, and Fees. [Enacted title]|Chapter 3 - Budget and Financial Management; Borrowing; Deposit of Funds|Subchapter III-B - Anti-Deficiency|§ 47-355.03. Reporting requirements of managers

A manager shall develop year-end spending projections, by source of funds, on a quarterly basis, which show year-to-date spending, approved budget, year-end projected spending, explanations of variances greater than 5%, and in the case of overspending, a corrective action plan. Spending projections shall be submitted to the agency head and the agency fiscal officer. Summarized agency spending projections shall be submitted to the Chief Financial Officer no more than 30 days after the end of the quarter.  (Apr. 4, 2003, D.C. Law 14-285, § 2, 50 DCR 940; Mar. 14, 2007, D.C. Law 16-293, § 2(b), 54 DCR 1083.)  Effect of Amendments D.C. Law 16-293, substituted “quarterly” for “monthly”, “fiscal” for “chief financial”, and “quarter” for “month”.
DC Code § 47-355.04 (2021)
2021 District of Columbia Code|Title 47 - Taxation, Licensing, Permits, Assessments, and Fees. [Enacted title]|Chapter 3 - Budget and Financial Management; Borrowing; Deposit of Funds|Subchapter III-B - Anti-Deficiency|§ 47-355.04. Reporting requirements of agency heads and chief financial officers

(a) By October 1 of each year, an agency head and agency fiscal officer shall jointly submit to the Chief Financial Officer a monthly spending plan and a Schedule A, each by source of funds, based on the finally enacted annual budget. If an agency’s budget is changed after final enactment, a revised spending plan and a revised Schedule A, each by source of funds, must be submitted to the Chief Financial Officer within one month of final approval of the budget. (a-1) By October 20 of each year, an agency head and agency fiscal officer shall jointly submit to the Chief Financial Officer a monthly spending plan for each capital project based on the finally enacted annual budget. If a project's budget is changed after final enactment of the annual budget, the agency head and agency fiscal officer shall submit a revised project spending plan to the Chief Financial Officer within one month of final approval of the changes to the project's budget. (b) Any revision to an agency’s approved operating budget or approved budget for a capital project during a fiscal year shall be reflected in a revised spending plan submitted to the Chief Financial Officer within one month of the approval of the revised budget.  (Apr. 4, 2003, D.C. Law 14-285, § 2, 50 DCR 940; Mar. 14, 2007, D.C. Law 16-293, § 2(c), 54 DCR 1083; Dec. 13, 2017, D.C. Law 22-33, § 8022(b), 64 DCR 7652.)  Effect of Amendments D.C. Law 16-293, in subsec. (a), substituted “agency fiscal officer” for “agency chief financial officer” and “one month” for “15 days”; and in subsec. (b), substituted “one month” for “10 days”. Emergency Legislation  For temporary (90 days) amendment of this section, see § 8022(b) of Fiscal Year 2018 Budget Support Congressional Review Emergency Act of 2017 (D.C. Act 22-167, Oct. 24, 2017, 64 DCR 10802).   For temporary (90 days) amendment of this section, see § 8022(b) of Fiscal Year 2018 Budget Support Emergency Act of 2017 (D.C. Act 22-104, July 20, 2017, 64 DCR 7032).
DC Code § 47-355.06 (2021)
2021 District of Columbia Code|Title 47 - Taxation, Licensing, Permits, Assessments, and Fees. [Enacted title]|Chapter 3 - Budget and Financial Management; Borrowing; Deposit of Funds|Subchapter III-B - Anti-Deficiency|§ 47-355.06. Penalties

An agency head, deputy agency head, agency fiscal officer, agency budget director, agency controller, manager, or other employee may be subject to adverse personnel action, including removal, for violating any provision in § 47-355.02.  (Apr. 4, 2003, D.C. Law 14-285, § 2, 50 DCR 940; Mar. 13, 2004, D.C. Law 15-105, §§ 12(a), 77(c), 51 DCR 881; Mar. 14, 2007, D.C. Law 16-293, § 2(e), 54 DCR 1083.)  Effect of Amendments D.C. Law 15-105, in par. (1), validated previously made technical corrections. D.C. Law 16-293, rewrote this section, which formerly read: “An agency head, deputy agency head, agency chief financial officer, agency budget director, agency controller, manager, or other employee may be subject to adverse personnel action, including removal, for: “(1) Violating § 47-355.02; “(2) Allowing an expenditure or obligation to exceed apportioned amounts; “(3) Not submitting a required plan or projection in a timely manner; “(4) Knowingly reporting incorrectly on spending to date or on projected total annual spending; or “(5) Failure to adhere to a spending plan.”
DC Code § 47-355.08 (2021)
2021 District of Columbia Code|Title 47 - Taxation, Licensing, Permits, Assessments, and Fees. [Enacted title]|Chapter 3 - Budget and Financial Management; Borrowing; Deposit of Funds|Subchapter III-B - Anti-Deficiency|§ 47-355.08. Notice requirement

Within 30 days of the effective date of this subchapter [April 4, 2003], the Mayor shall issue an administrative order advising all District agency heads, deputy agency heads, chief financial officers, agency budget directors, agency controllers, and other managers of the requirement of this subchapter.  (Apr. 4, 2003, D.C. Law 14-285, § 2, 50 DCR 940; Mar. 13, 2004, D.C. Law 15-105, § 77(a), 51 DCR 881.)  Effect of Amendments D.C. Law 15-105 validated a previously made technical correction.
DC Code § 47-364 (2021)
2021 District of Columbia Code|Title 47 - Taxation, Licensing, Permits, Assessments, and Fees. [Enacted title]|Chapter 3 - Budget and Financial Management; Borrowing; Deposit of Funds|Subchapter IV - Reprogramming Policy|§ 47-364. Council approval of non-offsetting budget modifications; exclusions. [Repealed]

Repealed.  (Apr. 17, 1995, 109 Stat. 142, Pub. L. 104-8, § 301(b)(2).)  Prior Codifications 1981 Ed., § 47-364.