6505. DELAYED APPLICABILITY

6505 DELAYED APPLICABILITY 6505.1 An abatement of real property taxes authorized by Council Resolution shall become effective for the tax year beginning on July 1st following the date of the issuance of the certificate of occupancy for the qualified real property unless otherwise provided by Council Resolution. 6505.2 A credit against incorporated or unincorporated franchise tax shall become effective when authorized by Council Resolution. SOURCE: Final Rulemaking published at 40 DCR 8626, 8631 (December 17, 1993).