D.C. Code § 47-4635
UNCF — 10-year real property tax abatement.
(a) For the purposes of this section, the term:
- (1) “DCRA” means the Department of Consumer and Regulatory Affairs.
- (2) “Property” means the real property in Square 441, as referenced in the District of Columbia Office of the Surveyor Record of Squares, Book II, Page 441, that is owned by UNCF.
- (3) “UNCF” means the United Negro College Fund, Inc., a New York nonprofit corporation founded in 1944 by Dr. Frederick Patterson that provides assistance to approximately 60,000 students a year at 900 colleges and universities and 39 historically black colleges and universities nationwide.
(b) The real property taxes imposed by Chapter 8 of this title on the property shall be abated for 10 years, beginning on October 1, 2024, provided, that:
- (1) The property shall be owned by UNCF during the duration of the abatement period;
- (2) The property continues to either be occupied by UNCF, or leased by UNCF to another nonprofit organization that works in a partnership with, and has a mission similar to, UNCF during the duration of the abatement period;
- (3) [Repealed].
- (4) [Repealed].
(c) The total abatement under this section shall not exceed:
- (1) In tax year 2025, $515,000; and
- (2) For each succeeding tax year, an amount equal to $515,000 in Fiscal Year 2025 dollars, plus an escalation of 3%, compounded annually, for each subsequent tax year for the duration of the abatement.
Editor's Notes
Section 7003 of D.C. Law 20-61 repealed D.C. Law 18-211, § 5.
Section 5 of D.C. Law 18-211 provided: “Sec. 5. Applicability. This act shall apply upon the inclusion of its fiscal effect in an approved budget and financial plan.”
History
Aug. 6, 2010, D.C. Law 18-211, § 2(b), 57 DCR 4949
Dec. 17, 2024, D.C. Law 25-236, § 2
Short Title
Section 7001 of D.C. Law 20-61 provided that Subtitle A of Title VII of the act may be cited as the “Subject to Appropriations Repealers Amendment Act of 2013”.
Emergency Legislation
For temporary (90 days) repeal of D.C. Law 18-211, § 5, see § 7003 of the Fiscal Year 2014 Budget Support Congressional Review Emergency Act of 2013 (D.C. Act 20-204, October 17, 2013, 60 DCR 15341, 20 DCSTAT 2311).
For temporary (90 days) repeal of D.C. Law 18-211, § 5, see § 7003 of the Fiscal Year 2014 Budget Support Emergency Act of 2013 (D.C. Act 20-130, July 30, 2013, 60 DCR 11384, 20 DCSTAT 1827).