Current through Register Vol. 71, No. 44, November 1, 2024
6500.1This chapter shall govern the following procedures pertaining to economic development zones:
(a) The application and certification requirements for economic development zone designations;(b) The application and qualification requirements of real property located in economic development zones for tax reductions and for deferral or forgiveness of any indebtedness owed the District, including deferral or forgiveness of tax liens, assessments for failure to abate nuisances, and sewer and water charges;(c) The application and qualification requirements of businesses located in economic development zones for credits against income and franchise taxes;(d) Certification of qualification; and(e) The presentment of a Council of the District of Columbia Resolution (hereafter "Council").D.C. Mun. Regs. tit. 10, r. 10-B6500
Final Rulemaking published at 40 DCR 8626 (December 17, 1993)AUTHORITY: Unless otherwise noted, the authority for this chapter is § 13 of the Economic Development Zone Incentives Amendment Act of 1988, D.C. Code § 5-1406 (1993 Supp.), Mayor's Order 90-161 (October 31, 1990).