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.
State:
District of Columbia
Reporting Jurisdiction:
District of Columbia
Jurisdiction type
:
State
Fiscal year ending In:
2018
Program name:
Special Tax Incentives Program
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
:
$10,143,000
Reimbursement / offset
:
$0
Net revenue loss
:
$10,143,000
Type of loss
:
Active
Additional notes on dislosure:
(none)