D.C. Code § 47-1077

Current through codified legislation effective September 4, 2024

Section 47-1077 - Tregaron Conservancy, Lots 848, 857, 859, and 860

The real property described as Lots 848, 857, 859, and 860, shall be exempt from real property taxation so long as:

(1) The real property is owned by the Tregaron Conservancy, a District corporation which is exempt from federal taxes, and is used solely to further its tax-exempt purposes;

(2) The real property is not improved further (except as necessary for maintenance), is maintained as open space and parkland in a manner consistent with the real property's historical significance, and is reasonably accessible to the general public without charge or payment of a fee of any kind; and

(3) All reports required by § 47-1007 are properly made by the Tregaron Conservancy.

D.C. Code § 47-1077

Mar. 20, 2008, D.C. Law 17-119, § 2(b), 55 DCR 1473; Apr. 8, 2011, D.C. Law 18-370, § 742(b), 58 DCR 1008; June 26, 2014, D.C. Law 20-117, § 13, 61 DCR 2032; Oct. 22, 2015, D.C. Law 21-36, § 7222(b), 62 DCR 10905.

Sections 3 and 5 of D.C. Law 17-119 provided:

"Sec. 3. Transfer exempt from transfer and recordation taxes.

"The conveyance of the real property in Lots 842 and 843 (formerly Lot 839), Square 2084 from Tregaron Limited Partnership to Tregaron Conservancy and the Washington International School shall be exempt from the tax imposed by section 303 of the District of Columbia Recordation Tax Act, approved March 2, 1962 (76 Stat. 11; D.C. Official Code § 42-1103), and D.C. Official Code § 47-903."

"Sec. 5. Inclusion in the budget and financial plan.

"This act shall apply upon the inclusion of its fiscal effect in an approved budget and financial plan or a revised revenue estimate certified by the Chief Financial Officer."

Applicability of D.C. Law 20-117: Section 18 of D.C. Law 20-117 provided that the act shall apply as of October 1, 2013.

Section 7223 of D.C. Law 21-36 provided that the conveyance of the real property described as Lot 848, Square 2084 to the Tregaron Conservancy shall be exempt from the tax imposed by §§ 42-1103 and 47-903.

Applicability of D.C. Law 21-36: Section 7224 of D.C. Law 21-36 provided that §§ 7222 and 7223 of the act shall apply as of March 1, 2015.