§ 47-859.04. Tax abatements for new residential developments --Abatement caps.

Current through October 23, 2012

The Mayor may approve an amount not to exceed $5 million annually in tax abatements under §§ 47-859.03, not to exceed $50 million in the aggregate.

                
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(July 7, 2009, D.C. Law 18-10, § 2(b), 56 DCR 3598.)

HISTORICAL AND STATUTORY NOTES

Legislative History of Laws

For Law 18-10, see notes following § 47-859.01.