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.
| State or Territory: | District of Columbia |
| Effected Jurisdiction: | District of Columbia |
Jurisdiction type: | State or Territory |
| Fiscal year ending In: | 2018 |
| Program name: | Special Tax Incentive Program - Possessory Interest Tax |
| Program purpose: | Real estate development |
| Statutory authority: | D.C. Code, Title 2, Government Administration; Chapter 12, Business and Economic Development, and D.C. Code, Title 47, Taxation, Licensing, Permits, Assessments, and Fees; Chapter 10 Property Exemption from Taxation, and Chapter 46, Special Tax Incentives |
| Abating jurisdiction(s): | District of Columbia |
| Applicable taxes: | Real Property Tax; Possessory Interest Tax |
| Method of abatement: | Tax Abatement |
| Provisions for recapture: | (not specified) |
| Gross revenue loss: | $984,000 |
| Reimbursement / offset: | $0 |
| Net revenue loss: | $984,000 |
| Type of loss: | Active |
| Additional notes on dislosure: | (none) |
