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Current as of January 01, 2024 | Updated by Findlaw Staff
The commission shall develop a method for the evaluation of a strategy to establish and implement an enterprise zone or zones in the District. The process shall include: The evaluation and consideration of a method to best select proposed sites for an enterprise zone or zones; tax incentives based on the number of new employees; exemptions from sales taxes on materials used in construction; abatement in real estate taxes; tax credits or deductions for capital improvements or employee training; low interest loans to help businesses get started; and reduction of business taxes to a level equal to or below that of the surrounding jurisdictions.
Cite this article: FindLaw.com - District of Columbia Code Division I. Government of District. § 2-1211. Duties of commission. - last updated January 01, 2024 | https://codes.findlaw.com/dc/division-i-government-of-district/dc-code-sect-2-1211-04/
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