Tuesday, April 24, 2007

DC Code 42-3131.06

(c) Section 6 (D.C. Official Code § 42-3131.06) is amended as follows: (1) Subsection (b) is amended as follows:
(A) Paragraph (3) is amended to read as follows:
(3) Under active construction or undergoing active rehabilitation, renovation, or repair, and there is a valid building permit to make the building fit for occupancy that was issued, renewed, or extended within 12 months of the required registration date;
(B) Paragraph (4) is amended by striking the phrase “one year from the initial listing, offer, or advertisement of sale, or 90 days from the initial listing, offer, or advertisement to rent” and inserting the phrase “8 months” in its place.
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(3) New subsections (f) and (g) are added to read as follows:
(f)(1) The cumulative time period for exemption from registration and fee requirements for a vacant building under the same, substantially similar, or related ownership shall not exceed 3 real property tax years.
(2) Notwithstanding paragraph (1) of this subsection, any exemption shall be terminated at the end of the 2007 real property tax year if the building under the same, substantially similar, or related ownership benefitted from an exemption under this section or under D.C. Official Code § 47-813(c-6) during 3 or more real property tax years.
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