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: | 2023 |
Program name: | Special 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 taxes: | Possessory Interest Tax |
Method of abatement: | Tax Abatement |
Provisions for recapture: | (not specified) |
Gross revenue loss: | $1,987,000 |
Reimbursement / offset: | $0 |
Net revenue loss: | $1,987,000 |
Type of loss: | Active |
Additional notes on dislosure: | (none) |
Document source: | https://cfo.dc.gov/sites/default/files/dc/sites/ocfo/publication/attachm... |