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District of Columbia Code Division VIII. General Laws. § 47-2851.13. Establishment of Basic Business License Fund.

Current as of January 01, 2024 | Updated by FindLaw Staff

<Text of section applicable upon the date of inclusion of the fiscal effect of D.C. Law 24-333 in an approved budget and financial plan. See, also, section 47-2851.13 applicable until the date of inclusion of the fiscal effect of D.C. Law 24-333 in an approved budget and financial plan.>

(a) There is established a Basic Business License Fund (“Fund”), which shall be classified as a proprietary fund and type of enterprise fund for the purposes of § 47-373(1). The Fund shall be credited with all fees that are identified in subsection (b) of this section.

(b)(1) Except as provided in paragraph (2) of this subsection, all fees collected for the issuance of a basic business license, including renewals, late renewal penalties, other penalties, and fines, shall be deposited into the Fund.

(2) Half of the total amount of penalties and fines collected as a result of notices of infractions issued for basic business license violations shall also be deposited in the Fund.

(c) Revenue credited to the Fund shall be for:

(1) Maintaining and improving the basic business licensing system;

(2) Personnel and supply costs;

(3) Educational and outreach activities on the requirements of this subchapter; and

(4) Any other costs associated with administering this subchapter.

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Cite this article: FindLaw.com - District of Columbia Code Division VIII. General Laws. § 47-2851.13. Establishment of Basic Business License Fund. - last updated January 01, 2024 | https://codes.findlaw.com/dc/division-viii-general-laws/dc-code-sect-47-2851-13/

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