DC B21-0854 | 2015-2016 | 21st Council
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Enrolled on January 9 2017 - 75% progression, died in chamber
Action: 2017-01-09 - Transmitted to Mayor, Response Due on January 25, 2017
Text: Latest bill text (Enrolled) [PDF]
Status: Enrolled on January 9 2017 - 75% progression, died in chamber
Action: 2017-01-09 - Transmitted to Mayor, Response Due on January 25, 2017
Text: Latest bill text (Enrolled) [PDF]
Summary
Tax Increment Financing ("TIF") is a public financing method that involves the re-direction of future tax revenues to an economic development project or other public project. The District has authorized the issuance of Tax Increment Financing bonds to support the redevelopment of Skyland Shopping Center. As introduced, this bill changes the base tax year for calculating sales tax and property revenues to 2016. Currently, the base tax year is 2013.
Title
Skyland Town Center Amendment Act Of 2016
Sponsors
Roll Calls
2016-12-20 - Council - Final Reading CC (Y: 13 N: 0 NV: 0 Abs: 0) [PASS]
2016-12-06 - Council - First Reading CC (Y: 13 N: 0 NV: 0 Abs: 0) [PASS]
2016-12-06 - Council - First Reading CC (Y: 13 N: 0 NV: 0 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2017-01-09 | Council | Transmitted to Mayor, Response Due on January 25, 2017 |
| 2016-12-20 | Council | Final Reading CC |
| 2016-12-06 | Council | First Reading CC |
| 2016-11-30 | Council | Committee Report Filed |
| 2016-11-30 | Council | Committee Mark-up of B21-0854 |
| 2016-10-25 | Council | Public Hearing Held |
| 2016-10-07 | Council | Notice of Public Hearing Published in the DC Register |
| 2016-09-23 | Council | Notice of Intent to Act on B21-0854 Published in the DC Register |
| 2016-09-20 | Council | Referred to Committee on Finance and Revenue |
| 2016-09-16 | Council | Introduced in Office of the Secretary |
