D.C. Law 24-38. Green Finance Authority Board Quorum Temporary Amendment Act of 2021.

AN ACT

To amend, on a temporary basis, the Green Finance Authority Establishment Act of 2018 to provide that a voting member of the Green Finance Authority Board whose term has expired may continue to serve for 270 days after the voting member's term expires, or until his or her replacement is appointed, whichever occurs first, and to provide that the presence of 4 voting members of the Green Finance Authority Board shall constitute a quorum of the Green Finance Authority Board for the transaction of business.

BE IT ENACTED BY THE COUNCIL OF THE DISTRICT OF COLUMBIA, That this act may be cited as the "Green Finance Authority Board Quorum Temporary Amendment Act of 2021".

Sec. 2. The Green Finance Authority Establishment Act of 2018, effective August 22, 2018 (D.C. Law 22-155; D.C. Official Code § 8-173.21 et seq.), is amended as follows:

(a) Section 203(g) (D.C. Official Code § 8-173.23(g)) is amended by striking the phrase "180 days" and inserting the phrase "270 days" in its place.

(b) Section 204(c) (D.C. Official Code § 8-173.24(c)) is amended by striking the phrase "5 voting" and inserting the phrase "4 voting" in its place.

Sec. 3. 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. 4. Effective date.

(a) 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.

(b) This act shall expire after 225 days of its having taken effect.