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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) Before a taxpayer may claim a credit pursuant this subchapter, the taxpayer must apply to the Mayor requesting approval.
(b) If a taxpayer's application is approved in accordance with this subchapter, the Mayor shall certify to the Chief Financial Officer the following on before December 1 of the calendar year following the end of the fiscal year in which the credit was approved:
(1) The name and taxpayer identification number of the eligible taxpayer;
(2) The address of the eligible property (including square and lot);
(3) That the eligible taxpayer's application in accordance with this section was approved;
(4) The date the substantial rehabilitation was completed;
(5) That the eligible taxpayer sold the property to a qualifying homeowner;
(6) The total amount of the eligible development costs incurred by the eligible taxpayer;
(7) The total amount of the credit approved for the eligible taxpayer; and
(8) Any other information requested by the Chief Financial Officer.
Cite this article: FindLaw.com - District of Columbia Code Division VIII. General Laws. § 47-1819. Application and Mayoral certification. - last updated January 01, 2024 | https://codes.findlaw.com/dc/division-viii-general-laws/dc-code-sect-47-1819-04/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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