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B26-0445 • 2025

Small Retailer Property Tax Credit Expansion Amendment Act of 2025

Small Retailer Property Tax Credit Expansion Amendment Act of 2025

Housing Taxes
Active

The official status still shows this bill as active or still awaiting another formal step.

Sponsor
Parker
Last action
2026-03-03
Official status
Under Council Review
Effective date
Not listed

Plain English Breakdown

The official source material does not provide specific details about how retail businesses can use the credit for rent paid to landlords. It also lacks information on annual adjustments post-2026.

Expanding Property Tax Credit for Small Retailers

This bill increases the property tax credit available to small retail businesses from $10,000 to $20,000.

What This Bill Does

  • Increases the maximum property tax credit amount for small retailers from $10,000 to $20,000 starting in 2026.

Who It Names or Affects

  • Small retail businesses in Washington D.C. with yearly revenue under $3 million.

Terms To Know

Property Tax Credit
A reduction in the amount of property taxes a business has to pay or an equivalent credit against rent paid to landlords for property taxes.
Cost-of-Living Adjustment (COLA)
An adjustment made annually to account for changes in living costs, ensuring that benefits and credits keep up with inflation.

Limits and Unknowns

  • The bill does not specify how many small retailers will benefit from this increase.
  • It is unclear what the exact fiscal impact of increasing the credit amount will be.

Bill History

  1. 2026-03-03 Council of the District of Columbia LIMS

    Re-Referred to Committee of the Whole

  2. 2026-02-27 Council of the District of Columbia LIMS

    Re-Referral published.

  3. 2025-11-04 Council of the District of Columbia LIMS

    Referred to Committee on Business and Economic Development

  4. 2025-10-31 Council of the District of Columbia LIMS

    Notice of Intent to Act on B26-0445 Published in the District of Columbia Register

  5. 2025-10-22 Council of the District of Columbia LIMS

    B26-0445 Introduced by Councilmember Parker at Office of the Secretary

Official Summary Text

Small Retailer Property Tax Credit Expansion Amendment Act of 2025

Current Bill Text

Read the full stored bill text
October 22, 2025

Nyasha Smith, Secretary
Council of the District of Columbia
1350 Pennsylvania Avenue NW
Washington, DC 20004

Dear Secretary Smith,

Today, I am introducing Small Retailer Property Tax Credit Expansion Amendment Act of 2025
along with my colleagues Councilmember Janeese Lewis George, Councilmember Brooke Pinto,
and Councilmember Robert White. This legislation would expand the small retailer property tax
credit (from $10,000 to $20,000) that allows retail businesses to offset their property taxes or
rent paid to their landlord for property taxes.

This year, due to a confluence of systemic factors, far too many local restaurants have closed and
many more small businesses are struggling to make ends meet. According to the Restaurant
Association of Metropolitan Washington (RAMW), on average, two restaurants are closing
every week with 53 closing in the first half of 2025 (nearly double 2024’s pace)1. Food and
beverage sales are forecast to drop 4.2% in FY2026 ($569M to $545M)2, and a majority of
restaurants are reporting declines in both sales and customer traffic.

District retailers—including neighborhood-facing restaurants—are facing significant headwinds,
including inflationary pressures, high rents, impacts on demand from federal activities, and more
recently a government shutdown. International tourist arrivals have dropped significantly, with
hotel occupancy down 7.9% year-over-year and room rates falling 6.4%3 —directly impacting
restaurant traffic. Tariffs also have driven up operational costs for ingredients and equipment
while immigration-related workforce disruptions compound staffing challenges.
These compounding factors threaten the viability of small, independently owned restaurants that
serve as neighborhood anchors and provide employment pathways for thousands of District

1 WJLA, “DC restaurant closures surge amid debate over Initiative 82's wage impact”, August 4 th, 2025, available at
https://wjla.com/news/local/dc-restaurant-closures-job-losses-i-82-initiative-82-tipped-wage-minimum-
wagerestaurant-association-of-metropolitan-washington-ramw-one-fair-wage
2 September 2025 Revenue Estimates, Office of the Chief Financial Officer, September 30, 2025, available at
https://cfo.dc.gov/sites/default/files/dc/sites/ocfo/publication/attachments/Updated%20Revenue%20Estimate%20Let
ter_September%202025.pdf.
3 Id.
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residents. It is important for the city to explore simple and direct support to our small retail
businesses.

The Small Retailer Property Tax Credit is an existing tool that provides modest support for
businesses under $3,000,000 in yearly revenue. It is important for the city to expand that support,
and I am eager to work with my colleagues to support the city’s small retail businesses. Please
contact my Deputy Chief of Staff at cshaw@dccouncil.gov if you have any questions about this
legislation.

Sincerely,

Zachary Parker
Ward 5 Councilmember
Chair, Committee on Youth Affairs

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________________________________ _____________________________ 2
Councilmember Janeese Lewis George Councilmember Zachary Parker 3
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________________________________ _____________________________ 7
Councilmember Robert C. White, Jr. Councilmember Brooke Pinto 8
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A BILL 12
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_________________________ 14
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IN THE COUNCIL OF THE DISTRICT OF COLUMBIA 16
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To amend Chapter 18 of Title 47 of the District of Columbia Official Code to expand the small 21
retailer property tax credit that allows retail businesses to reduce their property taxes or 22
rent paid to property taxes. 23
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BE IT ENACTED BY THE COUNCIL OF THE DISTRICT OF COLUMBIA, that this act may 25
be cited as the “Small Retailer Property Tax Credit Expansion Amendment Act of 2025”. 26
Sec. 2. Chapter 18 of Title 47 of the District of Columbia Official Code is amended as 27
follows: 28
(a) Section 47-1807.14(a) is amended as follows: 29
(1) Paragraph (5) is amended to read as follows: 30
“(5) “Maximum credit amount” means: 31
“(A) For tax years beginning after December 31, 2017, and before January 32
1, 2024, $5,000; 33
“(B) For the tax year ending December 31, 2024, $10,000; 34
“(C) For tax year ending December 31, 2025, $10,000, increased annually 35

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pursuant to the cost-of-living adjustment (if the adjustment does not result in a multiple of $100, 36
rounded down to the next multiple of $100); 37
“(D) For the tax year ending December 31, 2026, $20,000; 38
“(E) For tax years beginning after December 31, 2026, $20,000, increased 39
annually pursuant to the cost-of-living adjustment (if the adjustment does not result in a multiple 40
of $100, rounded down to the next multiple of $100).”. 41
(b) Section 47-1808.14(a)(5) is amended to read as follows: 42
“(5) “Maximum credit amount” means: 43
“(A) For tax years beginning after December 31, 2017, and before January 44
1, 2024, $5,000; 45
“(B) For the tax year ending December 31, 2024, $10,000; 46
“(C) For tax year ending December 31, 2025, $10,000, increased annually 47
pursuant to the cost-of-living adjustment (if the adjustment does not result in a multiple of $100, 48
rounded down to the next multiple of $100); 49
“(D) For the tax year ending December 31, 2026, $20,000; 50
“(E) For tax years beginning after December 31, 2026, $20,000, increased 51
annually pursuant to the cost-of-living adjustment (if the adjustment does not result in a multiple 52
of $100, rounded down to the next multiple of $100).”. 53
Sec. 3. Fiscal impact statement. 54
The Council adopts the fiscal impact statement in the committee report as the fiscal 55
impact statement required by section 4a of the General Legislative Procedures Act of 1975, 56
approved October 16, 2006 (120 Stat. 2038; D.C. Official Code § 1-301.47a). 57
Sec. 4. Effective date. 58

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This act shall take effect after approval by the Mayor (or in the event of veto by the 59
Mayor, action by the Council to override the veto), a 30-day period of congressional review as 60
provided in section 602(c)(1) of the District of Columbia Home Rule Act, approved December 61
24, 1973 (87 Stat. 813; D.C. Official Code § 1-206.02(c)(1)), and publication in the District of 62
Columbia Register. 63