Federal recovery act reimbursement requirement

  1. Law
  2. District of Columbia Code
  3. Parks, Public Buildings, Grounds, and Space
  4. Washington Convention and Sports Authority
  5. New Convention Center Hotel Financing
  6. Federal recovery act reimbursement requirement

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If the District or the Authority receive reimbursement, subsidy, or TIF debt service relief in excess of the funds required by the bond covenant authorized by this subchapter, pursuant to the American Recovery and Reinvestment Act of 2009, approved February 17, 2009 (123 Stat. 115; 26 U.S.C. § 1 , note), the revenue and relief shall be credited to the District and shall be deposited in the General Fund of the District of Columbia.

(Sept. 19, 2006, D.C. Law 16-163, § 113b; as added Oct. 22, 2009, D.C. Law 18-78, § 3(e), 56 DCR 6959.)

Cross References

American Recovery and Reinvestment Act of 2009, 123 Stat. 115, 111 P.L. 5.

Emergency Legislation

For temporary (90 day) addition, see § 3(e) of New Convention Center Hotel Emergency Amendment Act of 2009 (D.C. Act 18-186, August 12, 2009, 56 DCR 6967).


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