District of Columbia2025Active

B26-0776

Official Tech for Good Capital Designation Amendment Act of 2026

Last scannedAug 25, 2026, 4:28 AM

In one sentence

This bill designates Washington, D.C. as the 'Tech for Good Capital' and offers real property tax breaks to technology companies that create jobs solving public problems.

Designates the District of Columbia as the nation's Tech for Good Capital.
Creates a new category called Qualified Public-Interest Technology Companies in local law.
Allows these qualified companies to lower their real property taxes based on wages paid to new employees.
Sets rules that require at least 35 hours per week and six months of employment for workers to count toward the tax break.
Establishes a Tech for Good Working Group to develop a District-wide marketing and economic development strategy.

Technology companies in Washington, D.C. that focus on solving public problems like health or education.
New employees hired by these technology companies who work at least 35 hours a week for not less than 50 weeks per year and are employed for at least six months.
The Deputy Mayor for Planning and Economic Development.

The total tax break available is limited by a ceiling of $15 million.
Companies must hire a certain percentage of District residents to receive the full amount of their credit; hiring fewer than 40% reduces the benefit significantly.
The bill does not state when it will officially become law or start taking effect.

Plain language

Qualified Public-Interest Technology Company: A company that is a Qualified High Technology Company, maintains an office in the District of Columbia, and primarily engages in public-interest technology such as civic engagement or climate resilience.
Real property tax abatement: A reduction in taxes on commercial office buildings owned or leased by qualified companies, based on a credit calculated from wages paid to new hires.
New hire wage credit: An amount equal to 10% of the first two years' wages for eligible new employees, capped at $5,000 per employee per year and subject to a total cap of $15 million.

Official record

Source attached

Official Tech for Good Capital Designation Amendment Act of 2026

Official activity