RSSFinance & Revenue: Various Bills (March 22)
Bill 19-437, the “Carver 2000 Low-Income and Senior Housing Project Amendment Act of 2011”;
Bill 19-565, the “District of Columbia Work Assistance and Gainful Employment Support Act of 2011”;
Bill 19-634, the “8th Street Plaza Condominium Association Inc. Clarification Act of 2011”;
Bill 19-670, the “NoMA Residential Development Tax Abatement Amendment Act of 2012”; and
Bill 19-707, the “Capitol Riverfront BID Amendment Act of 2012”
Councilmember Jack Evans, Chairman of the Committee on Finance and Revenue, announces a public hearing to be held on Thursday,March 22, 2012 at 10:00 a.m., in Room 412 of the John A. Wilson Building, 1350 Pennsylvania Avenue, N.W., Washington, D.C. 20004.
Bill 19-437 Carver 2000 Low-Income and Senior Housing Project Amendment Act of 2011 would amend Chapter 46 of Title 47 of the District of Columbia Official Code to extend tax and fee waivers and exemptions for the Carver 2000 Low-Income and Senior Housing project located in various lots within square 5190 (lots 806,807,808), and 5348 (lots 1, 2, 3, 4, 5, 6, 7, 8). The legislation proposes the real property tax exemption for 16 consecutive real property tax years beginning with Tax Year 2003.
Bill 19-538 Jubilee Housing Residential Rental Project Real Property Tax Exemption Clarification Act of 2011 would amend Chapter 46 of Title 47 of the District of Columbia Official Code to clarify an existing tax exemtpion for certain property owned by Jubilee Housing Inc or its affiliate, which has been developed as extremely low-income housing.
Bill 19-565, District of Columbia Work Assistance and Gainful Employment Support Act of 2011 would amend Title 47 of the District of Columbia Code to expand the criteria of eligibility for participation in the Earned Income Tax Credit program, to increase public awareness of the program and to establish a Qualified Employee Training Tax Credit.
Bill 19-634, 8th Street Plaza Condominium Association Inc. Clarification Act of 2011 would allow the 8th Street Plaza Condominium Association, Inc. to correct and amend its condominium instruments; would allow the Office of the Surveyor to accept filing of such modified instruments; would exempt filing fees charged by any District agencies; and would eliminate the Office of Tax and Revenue requirement of pre-payment of real property taxes on certain property of the 8th Street Plaza Condominium.
Bill 19-670, NoMA Residential Development Tax Abatement Amendment Act of 2012 would amend the NoMA Residential Development Tax Abatement Act of 2009 to maintain the total dollar amount limit for residential units but remove the statutory limit on the number of residential units that may be approved for tax abatement.
Bill 19-707, the “Capitol Riverfront BID Amendment Act of 2012” would amend the Business Improvement Districts Act of 1996 to revise the rates of the assessments in the Capitol Riverfront Business Improvement District.
The Committee invites the public to testify at the hearing. Those who wish to testify should register online or contact Sarina Loy, Committee Assistant at (202) 724-8058 or sloy@dccouncil.us, and provide your name, organizational affiliation (if any), and title with the organization by 10:00 a.m. on Wednesday, March 21, 2012. Witnesses should bring 15 copies of their written testimony to the hearing. The Committee allows individuals 3 minutes to provide oral testimony in order to permit each witness an opportunity to be heard. Additional written statements are encouraged and will be made part of the official record. Written statements may be submitted by e-mail to sloy@dccouncil.us or mailed to: Council of the District of Columbia; 1350 Pennsylvania Ave., N.W.; Suite 114; Washington D.C. 20004. This hearing notice has been abbreviated to provide timely notice to the public.