Fees authorized under § 47-340.20 and the earnings thereon, capital, and other funds appropriated by Council, and such additional monies that may be contributed from any lawful source shall be deposited in an account to be known as the District of Columbia Great Streets Development Account (“Account”), that shall be a sub-account of the special account established under § 47-131(c)(4).

Editor's Notes

Industrial Revenue Bond Fees Act of 1997: See Historical and Statutory Notes following § 47-340.20.

Application of Law 12-60: See Historical and Statutory Notes following § 47-340.20.

History

Mar. 20, 1998, D.C. Law 12-60, § 502(b), 44 DCR 7378

Oct. 19, 2000, D.C. Law 13-172, § 2002, 47 DCR 6308

Oct. 3, 2001, D.C. Law 14-28, § 1102, 48 DCR 6981

Oct. 20, 2005, D.C. Law 16-33, § 2112(b), 52 DCR 7503

Emergency Legislation

For temporary (90 day) amendment of section, see § 2112(b) of Fiscal Year 2006 Budget Support Emergency Act of 2005 (D.C. Act 16-168, July 26, 2005, 52 DCR 7667).

For temporary (90 day) amendment of section, see § 1002 of Fiscal Year 2002 Budget Support Emergency Act of 2001 (D.C. Act 14-124, August 3, 2001, 48 DCR 7861).

Effect of Amendments

D.C. Law 16-33 rewrote section, which had read as follows: “Program fees and the earnings thereon authorized under § 47-340.20 shall be deposited in the industrial revenue bond special account established under § 47-131(c)(4).”

D.C. Law 14-28 rewrote the section which had read as follows: “Program fees and the earnings thereon authorized under § 47-340.20 shall be deposited in the industrial revenue bond program fee account, which shall be a sub-account of the special account established under § 47-131(c)(4).”

D.C. Law 13-172 inserted “, which shall be a sub-account of the special account”.

Prior Codifications

1981 Ed., § 47-340.21.

Section References

This section is referenced in § 47-340.22.