Subchapter IV. Economic Development Finance Corporation.


  • Current through October 23, 2012
  • (June 29, 1984, D.C. Law 5-89, § 2, 31 DCR 2514; Oct. 19, 2002, D.C. Law 14-213, § 7, 49 DCR 8140.)

    HISTORICAL AND STATUTORY NOTES

    Prior Codifications

    1981 Ed., § 1-2211.

    Legislative History of Laws

    Law 5-89, the "District of Columbia Economic Development Finance Corporation Act of 1984," was introduced in Council and assigned Bill No. 5-41, which was referred to the Committee on Housing and Economic Development. The Bill was adopted on first and second readings on April 10, 1984 and April 30, 1984, respectively. Signed by the Mayor on May 9, 1984, it was assigned Act No. 5- 130 and transmitted to both Houses of Congress for its review.

    For Law 14-213, see notes following § 2-215.03.

    Miscellaneous Notes

    Transfer of powers, duties, and responsibilities from Board of Directors of Economic Development Finance Corporation: Section 30(b) of D.C. Law 12-144 provided for the transfer of the powers, duties, and responsibilities of the Board of Directors of the Economic Development Finance Corporation to the Board of Directors of the National Capital Revitalization Corporation, and for the abolition of the Board of Directors of the Economic Development Finance Corporation.

  • Current through October 23, 2012 Back to Top
  • (June 29, 1984, D.C. Law 5-89, § 33, 31 DCR 2514; Mar. 21, 1995, D.C. Law 10-236, § 5(a), 42 DCR 33; Sept. 11, 1998, D.C. Law 12-144, § 31(b)(1), 45 DCR 3747; Oct. 19, 2002, D.C. Law 14-213, § 7, 49 DCR 8140).

    HISTORICAL AND STATUTORY NOTES

    Prior Codifications

    1981 Ed., § 1-2212.

    Legislative History of Laws

    For legislative history of D.C. Law 5-89, see Historical and Statutory Notes following § 2-1207.01.

    Law 10-236, the "Contractors Guarantee Association Act of 1994," was introduced in Council and assigned Bill No. 10-535, which was referred to the Committee on Public Services and Youth Affairs.  The Bill was adopted on first and second readings on November 1, 1994, and December 6, 1994, respectively.  Signed by the Mayor on December 27, 1994, it was assigned Act No. 10-379 and transmitted to both Houses of Congress for its review.   D.C. Law 10-236 became effective on March 21, 1995.

    Law 12-144, the "National Capital Revitalization Corporation Act of 1998," was introduced in Council and assigned Bill No. 12-514, which was referred to the Committee on Economic Development. The Bill was adopted on first and second readings on March 3, 1998, and April 7, 1998, respectively. Signed by the Mayor on May 5, 1998, it was assigned Act No. 12-355 and transmitted to both Houses of Congress for its review. D.C. Law 12-144 became effective on September 11, 1998.

    For Law 14-213, see notes following § 2-215.03.

    Effective Dates

    Section 33(b)(2) of D.C. Law 12-144 provided that § 31(b) shall take effect on the latter of: (A) the effective Dates of this act; or (B) the Dates determined by the Board, but not later than one year after the initial meeting of the Board.

    Miscellaneous Notes

    Expiration of Law 10-236: Section 6(b) of D.C. Law 10-236 provided that the act shall expire 3 years after having taken effect. D.C. Law 10-236, which had inserted paragraphs (3A), (7A), and (14A), became effective on March 21, 1995.

  • Current through October 23, 2012 Back to Top
  • (June 29, 1984, D.C. Law 5-89, § 4, 31 DCR 2514; March. 16, 1985, D.C. Law 5-186, § 2, 32 DCR 870; March 21. 1995, D.C. Law 10-236, § 5(b) (42 DCR 33), eff. March 21, 1995; D.C. Law 12-144, § 31(b)(2), 45 DCR 3747; Oct. 19, 2002, D.C. Law 14-213, § 7, 49 DCR 8140).

    HISTORICAL AND STATUTORY NOTES

    Prior Codifications

    1981 Ed., § 1-2213.

    Legislative History of Laws

    For legislative history of D.C. Law 5-89, see Historical and Statutory Notes following § 2-1207.01.

    Law 5-186 was introduced in Council and assigned Bill No. 5-564, which was referred to the Committee on Housing and Economic Development. The Bill was adopted on first and second readings on December 4, 1984 and December 18, 1984, respectively. Signed by the Mayor on January 11, 1985, it was assigned Act No. 5-251 and transmitted to both Houses of Congress for its review.

    For legislative history of D.C. Law 10-236, see Historical and Statutory Notes following § 2-1207.02.

    For legislative history of D.C. Law 12-144, see Historical and Statutory Notes following § 2-1207.02.

    For Law 14-213, see notes following § 2-215.03.

    Effective Dates

    Section 33(b)(2) of D.C. Law 12-144 provided that § 31(b) shall take effect on the latter of: (A) the effective Dates of this act; or (B) the Dates determined by the Board, but not later than one year after the initial meeting of the Board.

    Miscellaneous Notes

    Council determination of satisfactory commitment from private sources:   Pursuant to Resolution 6-557, the "Economic Development Finance Corporation Commitment Resolution of 1986," effective February 25, 1986, the Council determined that there were satisfactory commitments from private sources to warrant the expenditure of public funds for the activities of the District of Columbia Economic Development Finance Corporation.

    Expiration of Law 10-236: Section 6(b) of D.C. Law 10-236 provided that the act shall expire 3 years after having taken effect. D.C. Law 10-236, which had amended (b), became effective on March 21, 1995.

  • Current through October 23, 2012 Back to Top
  • (June 29, 1984, D.C. Law 5-89, § 5, 31 DCR 2514; Oct. 19, 2002, D.C. Law 14-213, § 7, 49 DCR 8140).

    HISTORICAL AND STATUTORY NOTES

    Prior Codifications

    1981 Ed., § 1-2214.

    Legislative History of Laws

    For legislative history of D.C. Law 5-89, see Historical and Statutory Notes following § 2-1207.01.

    For Law 14-213, see notes following § 2-215.03.

  • Current through October 23, 2012 Back to Top
  • (June 29, 1984, D.C. Law 5-89, § 6, 31 DCR 2514; Oct. 19, 2002, D.C. Law 14-213, § 7, 49 DCR 8140).

    HISTORICAL AND STATUTORY NOTES

    Prior Codifications

    1981 Ed., § 1-2215.

    Legislative History of Laws

    For legislative history of D.C. Law 5-89, see Historical and Statutory Notes following § 2-1207.01.

    For Law 14-213, see notes following § 2-215.03.

  • Current through October 23, 2012 Back to Top
  • (June 29, 1984, D.C. Law 5-89, § 7, 31 DCR 2514; Mar. 21, 1995, D.C. Law 10-236, § 5(c), 42 DCR 33; Oct. 19, 2002, D.C. Law 14-213, § 7, 49 DCR 8140).

    HISTORICAL AND STATUTORY NOTES

    Prior Codifications

    1981 Ed., § 1-2216.

    Legislative History of Laws

    For legislative history of D.C. Law 5-89, see Historical and Statutory Notes following § 2-1207.01.

    For legislative history of D.C. Law 10-236, see Historical and Statutory Notes following § 2-1207.02.

    For Law 14-213, see notes following § 2-215.03.

    Miscellaneous Notes

    Expiration of Law 10-236: Section 6(b) of D.C. Law 10-236 provided that the act shall expire 3 years after having taken effect. D.C. Law 10-236, which had inserted paragraph (21A), became effective on March 21, 1995.

  • Current through October 23, 2012 Back to Top
  • (June 29, 1984, D.C. Law 5-89, § 7a, as added Dec. 21, 1985, D.C. Law 6- 74, § 2, 32 DCR 6475; Oct. 19, 2002, D.C. Law 14-213, § 7, 49 DCR 8140).

    HISTORICAL AND STATUTORY NOTES

    Prior Codifications

    1981 Ed., § 1-2223.

    Legislative History of Laws

    Law 6-74, the "Fiscal Year 1986 Follow-Through Act of 1985," was introduced in Council and assigned Bill No. 6-206, which was referred to the Committee on Housing and Economic Development. The Bill was adopted on first and second readings on July 9, 1985 and October 8, 1985, respectively. Approved without the signature of the Mayor on October 29, 1985, it was assigned Act No. 6-98 and transmitted to both Houses of Congress for its review.

    For Law 14-213, see notes following § 2-215.03.

    Miscellaneous Notes

    Transfer of powers, duties, and responsibilities from Board of Directors of Economic Development Finance Corporation: Section 30(b) of D.C. Law 12-144 provided for the transfer of the powers, duties, and responsibilities of the Board of Directors of the Economic Development Finance Corporation to the Board of Directors of the National Capital Revitalization Corporation, and for the abolition of the Board of Directors of the Economic Development Finance Corporation.

  • Current through October 23, 2012 Back to Top
  • (June 29, 1984, D.C. Law 5-89, § 8, 31 DCR 2514; Oct. 19, 2002, D.C. Law 14-213, § 7, 49 DCR 8140).

    HISTORICAL AND STATUTORY NOTES

    Prior Codifications

    1981 Ed., § 1-2217.

    Legislative History of Laws

    For legislative history of D.C. Law 5-89, see Historical and Statutory Notes following § 2-1207.01.

    For Law 14-213, see notes following § 2-215.03.

  • Current through October 23, 2012 Back to Top
  • (June 29, 1984, D.C. Law 5-89, § 9, 31 DCR 2514; Oct. 19, 2002, D.C. Law 14-213, § 7, 49 DCR 8140).

    HISTORICAL AND STATUTORY NOTES

    Prior Codifications

    1981 Ed., § 1-2218.

    Legislative History of Laws

    For legislative history of D.C. Law 5-89, see Historical and Statutory Notes following § 2-1207.01.

    For Law 14-213, see notes following § 2-215.03.

  • Current through October 23, 2012 Back to Top
  • (June 29, 1984, D.C. Law 5-89, § 10, 31 DCR 2514; Oct. 19, 2002, D.C. Law 14-213, § 7, 49 DCR 8140).

    HISTORICAL AND STATUTORY NOTES

    Prior Codifications

    1981 Ed., § 1-2219.

    Legislative History of Laws

    For legislative history of D.C. Law 5-89, see Historical and Statutory Notes following § 2-1207.01.

    For Law 14-213, see notes following § 2-215.03.

    Delegation of Authority

    Delegation of authority for District of Columbia Economic Development Finance Corporation Act of 1984, see Mayor's Order 84-169, September 27, 1984.

  • Current through October 23, 2012 Back to Top
  • (June 29, 1984, D.C. Law 5-89, § 11, 31 DCR 2514; Aug. 1, 1996, D.C. Law 11-152, § 401, 43 DCR 2978; Oct. 19, 2000, D.C. Law 13-172, § 2403, 47 DCR 6308; Oct. 19, 2002, D.C. Law 14-213, § 7, 49 DCR 8140).

    HISTORICAL AND STATUTORY NOTES

    Prior Codifications

    1981 Ed., § 1-2220.

    Emergency Act Amendments

    For temporary (90-day) amendment of section, see § 2403 of the Fiscal Year 2001 Budget Support Emergency Act of 2000 (D.C. Act 13-376, July 24, 2000, 47 DCR 6574).

    Legislative History of Laws

    For legislative history of D.C. Law 5-89, see Historical and Statutory Notes following § 2-1207.01.

    Law 11-152, the "Fiscal Year 1996 Budget Support Act of 1996," was introduced in Council and assigned Bill No. 11-655, which was referred to the Committee of the Whole. The Bill was adopted on first and second readings on April 2, 1996, and May 7, 1996, respectively. Signed by the Mayor on May 28, 1996, it was assigned Act No. 11-279 and transmitted to both Houses of Congress for its review. D. C. Law 11-152 became effective on August 1, 1996.

    Law 13-172, the "Fiscal Year 2001 Budget Support Act of 2000," was introduced in Council and assigned Bill No. 13-679, which was referred to the Committee of the Whole. The Bill was adopted on first and second readings on May 18, 2000, and June 6, 2000, respectively. Signed by the Mayor on June 26, 2000, it was assigned Act No. 13-375 and transmitted to both Houses of Congress for its review. D.C. Law 13-172 became effective on October 19, 2000.

    For Law 14-213, see notes following § 2-215.03.

  • Current through October 23, 2012 Back to Top
  • (June 29, 1984, D.C. Law 5-89, § 12, 31 DCR 2514; Oct. 19, 2002, D.C. Law 14-213, § 7, 49 DCR 8140).

    HISTORICAL AND STATUTORY NOTES

    Prior Codifications

    1981 Ed., § 1-2221.

    Legislative History of Laws

    For legislative history of D.C. Law 5-89, see Historical and Statutory Notes following § 2-1207.01.

    For Law 14-213, see notes following § 2-215.03.

  • Current through October 23, 2012 Back to Top
  • (June 29, 1984, D.C. Law 5-89, § 13, 31 DCR 2514; Oct. 19, 2002, D.C. Law 14-213, § 7, 49 DCR 8140).

    HISTORICAL AND STATUTORY NOTES

    Prior Codifications

    1981 Ed., § 1-2222.

    Temporary Addition of Section

    For temporary (225 day) addition of sections, see §§ 2 to 6 of the Emergency Economic Assistance Temporary Act of 2001 (D.C. Law 14-74, on March 6, 2002, law notification 49 DCR 2808).

    Emergency Act Amendments

    For temporary (90 day) emergency economic assistance to transportation, tourism, restaurant, catering, and lodging industries, see §§ 2 to 6 of Emergency Economic Assistance Emergency Act of 2001 (D.C. Act 14-163, November 2, 2001, 48 DCR 10404), see §§ 2 to 6 of Emergency Economic Assistance Congressional Review Emergency Act of 2002 (D.C. Act 14-260, January 30, 2002, 49 DCR 1433).

    Legislative History of Laws

    For legislative history of D.C. Law 5-89, see Historical and Statutory Notes following § 2-1207.01.

    For Law 14-213, see notes following § 2-215.03.