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Current through October 23, 2012
(a) The Mayor of the District of Columbia shall establish within the General Fund an account classification to be known as the "Metrorail/Metrobus Account".
(b) The following revenues shall be deposited in the General Fund and allocated to the Metrorail/Metrobus Account:
(1) All grant funds earned by the District of Columbia, after September 30, 1981, for eligible transit operating expenses of the Washington Metropolitan Area Transit Authority ("WMATA") pursuant to § 5 of the Urban Mass Transportation Act of 1964 (49 U.S.C. § 1604).
(2) All revenues earned, after September 30, 1981, from the taxes, fees, and civil fines and penalties imposed by the following sections:
(A)(i) Section 47-2002(1), (2), and (3), except as provided in sub-subparagraph (ii) of this subparagraph;
(ii) Beginning January 1, 1999, sales tax increment revenues (as defined in § 2-1217.01(27)) shall be excluded from the revenues described in sub-subparagraph (i) of this subparagraph;
(B) Section 47-2202(1), (2) and (3);
(D) Section 50-2301.01 et seq., except the booting, towing, and storage fees imposed by § 50-2201.03(k)(4);
(E) Section 50-2621;
(F) Section 50-2603;
(G) Section 50-2633; and
(H) Repealed.
(3) All revenues earned, after September 30, 1983, pursuant to § 50-1501.03.
(4) All revenues earned, after September 30, 1983, pursuant to § 50- 2201.03(j).
(c) Revenues earned from the tax imposed pursuant to § 47-1501 shall be deposited in the General Fund and allocated to the Metrorail/Metrobus Account classification in such amounts that shall be necessary to cover additional expenditures pursuant to paragraphs (1) and (2) of subsection (e) of this section.
(d) If revenues are insufficient to cover applicable expenditures as required in this subchapter, funding shall be made available from other General Fund revenues to cover the necessary additional amounts as needed pursuant to paragraphs (1) and (2) of subsection (e) of this section.
(e) Subject to the availability of appropriations for such purposes, amounts allocated to the Metrorail/Metrobus Account classification shall be used for the following purposes:
(1) First, for the payment of the District of Columbia's share of:
(A) The cost of operating and maintaining the adopted regional system, as defined in § 9-1111.01(1) pursuant to § 9-1111.03(c);
(B) An amount equal to the Washington Metropolitan Area Transit Authority's ("WMATA") contribution to the sinking fund established by § 9-1111.12(a)(1) pursuant to § 9-1111.12(a)(4) payable through the year 2014. These funds shall be used by WMATA to make debt service payments on the new bonds issued to refund the local share of the federally guaranteed transit revenue bonds;
(C) An amount equal to the Washington Metropolitan Area Transit Authority's contribution to the bond interest fund established by § 9-1111.12(b)(1), pursuant to § 9-1111.12(b)(4) payable through the year 2014. These funds shall be used by WMATA to make debt service payments on the new bonds issued to refund the local share of the federally guaranteed transit revenue bonds; and
(D) Metrorail construction management costs;
(2) Second, for the payment of:
(A) The District of Columbia's share of the Washington Metropolitan Area Transit Authority's Metrobus capital program;
(B) The subsidy required by § 35-236(b);
(C) The subsidy to the Washington Metropolitan Area Transit Authority for reduced fares for the elderly; and
(D) Debt service on amounts borrowed from the United States Treasury for the District of Columbia's share of Metrorail construction costs;
(3) Third, for other authorized expenditures of the District of Columbia government.
(Apr. 30, 1982, D.C. Law 4-103, § 2, 29 DCR 1395; Mar. 16, 1993, D.C. Law 9-202, § 2, 39 DCR 9221; Mar. 25, 1993, D.C. Law 9-250, § 2, 40 DCR 771; Mar. 21, 1995, D.C. Law 10-242, § 13, 42 DCR 86; Aug. 5, 1997, 111 Stat. 781, Pub. L. 105-33, § 11702(a)(1) and (2); Apr. 27, 1999, D.C. Law 12-271, § 3, 46 DCR 3615.)
HISTORICAL AND STATUTORY NOTES
Prior Codifications
1981 Ed., § 1-2466.
Emergency Act Amendments
For temporary amendment of section, see § 3 of the Tax Increment Financing Emergency Amendment Act of 1998 (D.C. Act 12-562, January 22, 1999, 46 DCR 2104).
Section 5 of D.C. Act 12-562 provides that the provisions of the act shall apply to any project approved by the Council pursuant to § 5 of the Tax Increment Financing Authorization Act of 1998, effective September 11, 1998 (D.C. Law 12-143; to be codified at D.C. Code § 2-1217.04), after the effective date of this act.
Legislative History of Laws
Law 4-103, the "Stable and Reliable Source of Revenues for WMATA Act of 1982," was introduced in Council and assigned Bill No. 4-61, which was referred to the Committee on Finance and Revenue and the Committee on Transportation and Environmental Affairs. The Bill was adopted on first and second readings on February 9, 1982 and February 23, 1982, respectively. Signed by the Mayor on March 10, 1982, it was assigned Act No. 4-164 and transmitted to both Houses of Congress for its review.
Law 9-202, the "Stable and Reliable Source of Revenues for WMATA Act of 1982 Temporary Amendment Act of 1992," was introduced in Council and assigned Bill No. 9-583, which was retained by CounciL. The Bill was adopted on first and second readings on July 7, 1992 and November 4, 1992, respectively. Signed by the Mayor on November 25, 1992, it was assigned Act No. 9-327 and transmitted to both Houses of Congress for its review. D.C. Law 9-202 became effective on March 16, 1993.
Law 9-250, the "Stable and Reliable Source of Revenues for WMATA Act of 1982 Amendment Act of 1992," was introduced in Council and assigned Bill No. 9-584, which was referred to the Committee on Regional Authorities. The Bill was adopted on first and second readings on December 1, 1992 and December 15, 1992, respectively. Signed by the Mayor on January 14, 1993, it was assigned Act No. 9-396 and transmitted to both Houses of Congress for its review. D.C. Law 9- 250 became effective on March 25, 1993.
Law 10-242, the "Clean Air Compliance Fee Act of 1994," was introduced in Council and assigned Bill No. 10-610, which was referred to the Committee of the Whole. The Bill was adopted on first and second readings on November 1, 1994, and December 6, 1994, respectively. Signed by the Mayor on December 28, 1994, it was assigned Act No. 10-387 and transmitted to both Houses of Congress for its review. D.C. Law 10-242 became effective on March 21, 1995.
Law 12-271, the "Tax Increment Financing Amendment Act of 1998," was introduced in Council and assigned Bill No. 12-829, which was referred to the Committee on Finance and Revenue. The Bill was adopted on first and second readings on December 1, 1998, and December 15, 1998, respectively. Signed by the Mayor on December 24, 1998, it was assigned Act No. 12-590 and transmitted to both Houses of Congress for its review. D.C. Law 12-271 became effective on April 27, 1999.
References in Text
Section 47-1501, referred to in subsection (c) of this section, was repealed Feb. 28, 1987, by D.C. Law 6-212, § 24.
The "Urban Mass Transportation Act of 1964 (49 U.S.C. § 1604)," referred to in (b)(1), is now codified at 49 U.S.C. § 5301 et seq.
