B26-0681 • 2025

Reservoir District Tax Exemption Emergency Amendment Act of 2026

Housing Taxes

Enacted

This bill passed the Legislature and reached final enactment based on the latest official action.

Sponsor: Parker
Last action: 2026-05-29
Official status: Enacted
Effective date: Not listed

Plain English Breakdown

The official source material does not provide specific details on property management rules or selection criteria for properties affected by this act.

Reservoir District Tax Exemption Emergency Amendment Act

This act amends tax rules for property in the Reservoir District to include affordable housing units based on federal guidelines.

What This Bill Does

Amends a section of the District of Columbia's laws about taxes and housing.
Requires that one-third of rental units in certain properties be set aside as affordable housing.
Defines affordable housing using income limits from the U.S. Department of Housing and Urban Development (HUD).

Who It Names or Affects

Property owners who have rental housing in designated areas.

Terms To Know

Affordable Housing: Housing that costs no more than 30% of a household's income, as defined by federal guidelines.
Fair Market Rents: The average cost for renting an apartment in a specific area, calculated by the U.S. Department of Housing and Urban Development (HUD).

Limits and Unknowns

This act is only effective for up to 90 days unless further action is taken.
It does not specify which properties are included or how they will be selected.

Bill History

2026-05-29 Council of the District of Columbia LIMS
Returned from Mayor
2026-05-28 Council of the District of Columbia LIMS
Signed by the Mayor and Enacted with Act Number A26-0319, Expires on Aug 26, 2026
2026-05-14 Council of the District of Columbia LIMS
Transmitted to Mayor, Response Due on May 29, 2026
2026-05-05 Council of the District of Columbia LIMS
Retained by the Council
2026-05-05 Council of the District of Columbia LIMS
Legislative Meeting
2026-05-04 Council of the District of Columbia LIMS
B26-0681 Introduced by Councilmember Parker at Office of the Secretary

Official Summary Text

Reservoir District Tax Exemption Emergency Amendment Act of 2026

Current Bill Text

Read the full stored bill text

ENROLLED ORIGINAL

1

AN ACT

_________________________

IN THE COUNCIL OF THE DISTRICT OF COLUMBIA

_________________________

To amend, on an emergency basis, Chapter 46 of Title 47 of the District of Columba Official
Code to designate the property as affordable housing for which Fair Market Rents, as
calculated by the US Department of Housing and Urban Development, apply.

BE IT ENACTED BY THE COUNCIL OF THE DISTRICT OF COLUMBIA, That this
act may be cited as the “Reservoir District Tax Exemption Emergency Amendment Act of
2026”.

Sec. 2. Chapter 46 of Title 47 of the District of Columbia Official Code is amended as
follows:
(a) Section 47-4683 is redesignated as section 47-4684.
(b) The second section 47-4682 is redesignated as section 47-4683.
(c) Section 47-4683(b)(2) is amended to read as follows:
“(2) Set aside 1/3 of the operating rental housing units in the Property as
affordable as defined by 26 U.S.C. § 42(g)(2)(A). The units designated as affordable will be
available to households qualifying for the 80 Percent Income Limit Category of the Multifamily
Tax Subsidy Project Income Limits for the Washington-Arlington-Alexandria, DC-VA-MD
HUD Metro Fair Market Rent Area as reported annually by the US Department of Housing and
Urban Development and made in a manner consistent with 26 U.S.C. § 142(d)(2)(B).

Sec. 3. Fiscal impact statement.
The Council adopts the fiscal impact statement of the Budget Director as the fiscal impact
statement required by section 4a of the General Legislative Procedures Act of 1975, approved
October 16, 2006 (120 Stat. 2038; D.C. Official Code § 1-301.47a).

Sec. 4. Effective date.
This act shall take effect following approval by the Mayor (or in the event of veto by the
Mayor, action by the Council to override the veto), and shall remain in effect for no longer than

ENROLLED ORIGINAL

2

90 days, as provided for emergency acts of the Council of the District of Columbia in section
412(a) of the District of Columbia Home Rule Act, approved December 24, 1973 (87 Stat. 788;
D.C. Official Code § 1-204.12(a)).

___________________________________
Chairman
Council of the District of Columbia

_________________________________
Mayor
District of Columbia