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Current as of January 01, 2024 | Updated by FindLaw Staff
A qualified nonprofit organization that is receiving a real property tax abatement under this section shall file annually with the Mayor and the Office of Tax and Revenue the report required by § 47-1007 and shall include in such report:
(1) A certification that the qualified nonprofit organization:
(A) Continues to lease or purchase (whichever is applicable) the office space for which the organization was granted the tax abatement;
(B) Continues to occupy at least 75% of the office space and uses that space for the organization's stated mission;
(C) If it leases the office space, continues to lease the office space at the market rate, subject to verification by the Mayor, and net of real estate taxes; and
(D) If it owns the office space, or the owner of the office space, if the office space is leased by the qualified nonprofit organization, is not receiving any other real property tax abatement for the office space; and
(2) Such other information as may be required by the Mayor pursuant to rule.
Cite this article: FindLaw.com - District of Columbia Code Division VIII. General Laws. § 47-857.14. Tax abatements for nonprofit organizations locating in emerging commercial neighborhoods--Annual reporting. - last updated January 01, 2024 | https://codes.findlaw.com/dc/division-viii-general-laws/dc-code-sect-47-857-14/
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 or via Westlaw before relying on it for your legal needs.
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