D.C. Act 24-21. TOPA COVID-19 Tolling Exemption for Low Income Housing Tax Credit Transfers Emergency Amendment Act of 2021.
To amend, on an emergency basis, the Rental Housing Conversion and Sale Act of 1980 to allow certain transfers to not be subject to tolling requirements established during the public health emergency.
BE IT ENACTED BY THE COUNCIL OF THE DISTRICT OF COLUMBIA, That this act may be cited as the "TOPA COVID-19 Tolling Exemption for Low Income Housing Tax Credit Transfers Emergency Amendment Act of 2021".
Sec. 2. Section 405(a) of the Coronavirus Support Temporary Amendment Act of 2020, effective October 9, 2020 (D.C. Law 23-130; D.C. Official Code § 42-3405.10b), is repealed.
Sec. 3. The Rental Housing Conversion and Sale Act of 1980, effective September 10, 1980 (D.C. Law 3-86; D.C. Official Code § 42-3401.01 et seq.), is amended by adding a new section 510b to read as follows:
"Sec. 510b. Tolling of tenant deadlines during a public health emergency.
"The running of all time periods for tenants and tenant organizations to exercise rights under
Sec. 4. Fiscal impact statement.
The Council adopts the fiscal impact statement of the Budget Director as the fiscal impact statement required by section 4a of the General Legislative Procedures Act of 1975, approved October 16, 2006 (120 Stat. 2038; D.C. Official Code § 1-301.47a).
Sec. 5. Effective date.
This act shall take effect following approval by the Mayor (or in the event of veto by the Mayor, action by the Council to override the veto), and shall remain in effect for no longer than 90 days, as provided for emergency acts of the Council of the District of Columbia in section 412(a) of the District of Columbia Home Rule Act, approved December 24, 1973 (87 Stat. 788; D.C. Official Code § 1-204.12(a)).