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Tax Break Tracker Individual Entry

Each individual entry is a single program reported by a single jurisdiction in a given fiscal year. Because we want to track the level and quality of disclosure as well as the content, the values below -- with the exception of program names -- are entered exactly as they are reported. See our user guide for more explanations.

StateDistrict of Columbia
Effected JurisdictionDistrict of Columbia
Jurisdiction type: State
Fiscal year ending In2021
Program nameSpecial Tax Incentive Program - Possessory Interest Tax
Program purpose: Construction/rehabilitation
Statutory authority: DC Code Title 2; Chapter 12; Title 47; Chapter 10; Chapter 46
Abating jurisdiction(s): District of Columbia
Applicable taxesPossessory Interest Tax
Method of abatement: Tax Abatement
Provisions for recapture: (not specified)
Gross revenue loss: $2,029,000
Reimbursement / offset: $0
Net revenue loss: $2,029,000
Type of loss: Active
Additional notes on dislosure(none)