Expiration of issuance authority

1. Law
2. District of Columbia Code
3. Government Administration
4. Business and Economic Development
5. Tax Increment Financing
6. Identified Projects
7. Reunion Square
8. Expiration of issuance authority

(a) The authority to issue the Class A Bonds shall expire on September 30, 2025, if no Bonds have been issued; provided, however, that the expiration of the authority shall have no effect on any Bonds issued prior to the expiration date or on the District's ability to issue Refunding Bonds on a future date.

(b) The authority to issue the Class B Bonds shall expire on September 30, 2030; provided, however, that the expiration of the authority shall have no effect on any Class B Bonds issued prior to the expiration date.

(Mar. 16, 2021, D.C. Law 23-202, § 15, 67 DCR 13876.)

Emergency Legislation

For temporary (90 days) creation of this section, see § 15 of Reunion Square Tax Increment Financing Second Emergency Act of 2020 (D.C. Act 23-370, Aug. 10, 2020, 67 DCR 9689).

For temporary (90 days) creation of this section, see § 15 of Reunion Square Tax Increment Financing Emergency Act of 2020 (D.C. Act 23-250, Mar. 17, 2020, 67 DCR 3455).

Temporary Legislation

For temporary (225 days) creation of this section, see § 15 of Reunion Square Tax Increment Financing Temporary Amendment Act of 2020 (D.C. Law 23-146, Oct. 20, 2020, 67 DCR 9941).

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