§ 42-2704.10Title 42
District tax exemptions; payments in lieu; exceptions.
Assets and income of the Agency or of any entity established by the Agency pursuant to § 42-2703.01(20C) are exempt from District taxation. The Agency may make, at its discretion, payment in lieu of taxation. Bonds and notes issued by the Agency and the interest thereon are exempt from District taxation except estate, inheritance, and gift taxes.
Annotations
Mar. 3, 1979, D.C. Law 2-135, § 410, 25 DCR 5008 Mar. 25, 2003, D.C. Law 14-239, § 2(f), 49 DCR 11162 D.C. Law 14-239, in subsec. (a), substituted “of the Agency or of any entity established by the Agency pursuant to § 42-2703.01(20C)” for “of the Agency”. 1973 Ed., § 45-1925. 1981 Ed., § 45-2140.
Sourced from the DC Council Open Law Library (public domain).
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