For purposes of calculating the District’s level of debt, the Special Assessments do not constitute revenues derived from taxes, fees, or other general revenues of the District, or its agencies or authorities, pursuant to the District’s power to tax or impose fees within the definition of District Bonds in § 47-334(2).
(May 27, 2010, D.C. Law 18-183, § 210, 57 DCR 3406.)
For temporary (90 day) addition, see § 111 of Energy Efficiency Emergency Act of 2009 (D.C. Act 18-324, March 1, 2010, 57 DCR 1851).
Section 111 of D.C. Law 18-156 added a section to read as follows:
“Sec. 111. Clarification regarding the debt cap. The voluntary Special Assessments do not constitute revenues derived from taxes, fees, or other general revenues of the District, or its agencies or authorities, pursuant to the District’s power to tax or impose fees within the definition of District Bonds in D.C. Official Code § 47-334(2).”
Section 402(b) of D.C. Law 18-156 provided that the act shall expire after 225 days of its having taken effect.
Structure District of Columbia Code
Title 8 - Environmental and Animal Control and Protection
Chapter 17R - Energy Efficiency Financing
Subchapter II - Bond Financing
§ 8–1778.21. Establishment of the Special Energy Assessment Fund
§ 8–1778.22. Bond authorization
§ 8–1778.23. Payment and security
§ 8–1778.25. Sale of the bonds
§ 8–1778.26. Financing and Closing Documents
§ 8–1778.27. Limited liability
§ 8–1778.28. District officials
§ 8–1778.29. Information reporting