(a) Beginning January 1, 1995, the property, real and personal, situated in square 787 in the District of Columbia, described as lot 814, owned, occupied, and used by the Shakespeare Theatre in the Nation's Capital is hereby exempt from all taxation so long as, and to the extent that, the same is owned and occupied by the Shakespeare Theatre and used for nonprofit residential purposes in support of theatrical and educational activities of the Theatre and subject to the provisions of § 47-1002.
(b) Any taxes paid in association with the real or personal property described in subsection (a) of this section prior to April 20, 1999 shall be refunded.
CREDIT(S)
(Apr. 20, 1999, D.C. Law 12-236, § 2(b), 46 DCR 660.)
HISTORICAL AND STATUTORY NOTES
Prior Codifications
1981 Ed., § 47-1048.
Emergency Act Amendments
For temporary addition of section, see § 2 of the Lowell School, Inc., Real Property Tax Exemption and Equitable Real Property Tax Relief Emergency Act of 1998 (D.C. Act 12-525, December 10, 1998, 45 DCR 9185), and § 2 of the Lowell School, Inc., Real Property Tax Exemption and Equitable Real Property Tax Relief Congressional Review Emergency Act of 1999 (D.C. Act 13-24, March 9, 1999, 46 DCR 2708).
Legislative History of Laws
Law 12-236, the “Drug Prevention and Children at Risk Tax Check-Off, Tax Initiative Delay, and Attorney License Fee Act of 1998,” was introduced in Council and assigned Bill No. 12-706, which was referred to the Committee on Finance and Revenue. The Bill was adopted on first and second readings on November 10, 1998, and December 1, 1998, respectively. Signed by the Mayor on December 21, 1998, it was assigned Act No. 12-561 and transmitted to both Houses of Congress for its review. D.C. Law 12-236 became effective on April 20, 1999.