D.C. Law 24-258. 206 Elm St., N.W., Real Property Tax Abatement Amendment Act of 2022.
AN ACT
To amend Chapter 46 of Title 47 of the District of Columbia Official Code to exempt the real property designated for tax purposes as Lot 805, Square 3087, located at 206 Elm Street, N.W., from real property taxes for tax year 2023 in an amount not to exceed $30,000.
BE IT ENACTED BY THE COUNCIL OF THE DISTRICT OF COLUMBIA, That this act may be cited as the "206 Elm St., N.W., Real Property Tax Abatement Amendment Act of 2022".
Sec. 2. Chapter 46 of Title 47 of the District of Columbia Official Code is amended as follows:
(a) The table of contents is amended by adding a new section designation to read as follows:
"§ 47-4677: 206 Elm Street, N.W.; Lot 805, Square 3087.".
(b) A new section 47-4677 is added to read as follows:
"Sec. 47-4677. 206 Elm Street, N.W.; Lot 805, Square 3087.
"The real property designated for tax purposes as Lot 805, Square 3087, located at 206 Elm Street, N.W., shall be exempt from the tax imposed by Chapter 8 of this title during tax year 2023; except, that the total tax exemption shall not exceed $30,000.".
Sec. 3. Technical amendment.
The Square 5539 Tax Abatement Amendment Act of 2022, effective September 21, 2022 (D.C. Law 24-167; 69 DCR 9223), is amended by striking the phrase "47-4675" wherever it appears and inserting the phrase "47-4676" in its place.
Sec. 4. Fiscal impact statement.
The Council adopts the fiscal impact statement in the committee report 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), a 30-day period of congressional review as provided in section 602(c)(1) of the District of Columbia Home Rule Act, approved December 24, 1973 (87 Stat. 813; D.C. Official Code § 1-206.02(c)(1)), and publication in the District of Columbia Register.
