Code of the District of Columbia

§ 47–869. Performing arts venue real property tax rebate.

(a) For taxable years beginning after December 31, 2018, a qualified business that leases real property that is taxed under this chapter or under Chapter 10 of this title shall receive a rebate of that portion of the tax, if any, that represents the qualified business' pro rata share of the lessor's tax on the property if:

(1) The qualified business is liable under the lease for the pro rata share of the tax;

(2) The qualified business applies for the rebate of the tax on or before September 15; and

(3) The real property tax was paid.

(b) The application shall include:

(1) A copy of the lease with the lessor;

(2) Documentation that the real property tax has been paid; and

(3) Documentation that the qualified business met the requirements of § 47-802(17) during the tax year for which the rebate is being requested.

(c) If a proper application has been submitted, the Chief Financial Officer shall rebate the real property tax on or before December 31 of the same calendar year.

(d) The rebate provided pursuant to this section shall be:

(1) The lesser of the qualified business' pro rata share of the real property tax that was paid, directly or indirectly, by the qualified business or $15,000 per applicant per year; and

(2) In addition to, and not in lieu of, any other tax, financial, or development incentive, tax credit, or any other type of incentive provided to a qualified business under any District or federal program.