D.C. Law 23-70. Parkside Parcel E and J Mixed-Income Apartments Tax Abatement Temporary Amendment Act of 2020.
To amend, on a temporary basis, section 47-4658 of the District of Columbia Official Code to authorize the abatement of real property taxes on the real property described as Lot 72 in Square 5041 and Lot 811 in Square 5056, known as the Parkside Parcel E and J Mixed-Income Apartments, so long as a certificate of occupancy has been issued by September 20, 2022.
BE IT ENACTED BY THE COUNCIL OF THE DISTRICT OF COLUMBIA, That this act may be cited as the "Parkside Parcel E and J Mixed-Income Apartments Tax Abatement Temporary Amendment Act of 2020".
Sec. 2. Section 47-4658 of the District of Columbia Official Code is amended by striking the number "2020" both times it appears and inserting the number "2022" 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.