Effect of Amendments D.C. Law 17-20, in subsec. (a), inserted "The purposes of the Neighborhood Investment Fund shall be to fund the development and implementation of neighborhood investment plans under § 6-1072 and to finance and assist revitalization activities that will benefit residents of Neighborhood Program Target Areas designated in § 6-1073."; in subsec. (b), inserted "The requested expenditures shall be consistent with the purposes of the Neighborhood Investment Fund set forth in subsection (a) of this section."; and added subsec. (g). D.C. Law 17-123, in subsec. (a), substituted "17.4%" for "15%". D.C. Law 17-219, in subsec. (a), deleted ", subject to authorization by Congress in an appropriations act" following "subchapter". D.C. Law 18-111, in subsec. (c), substituted "the program" for "a 5-year program"; and added subsecs. (h) to (j). D.C. Law 18-338, in subsec. (j)(2), substituted "following programs" for "following Main Street programs" in the introductory language, substituted "Main Street Program;" for a semicolon in subpars. (A), (B), (E) to (I), and (K), substituted "Main Street Group;" for a semicolon in subpars. (C) and (D), and substituted "Main Street Program; and" for "; and" in subpar. (J). D.C. Law 18-370 added subsec. (k). D.C. Law 19-21, in subsec. (a), substituted "There shall be deposited into the fund such funds as may be appropriated from time to time." for "Subject to appropriations, there shall be deposited annually into the Neighborhood Investment Fund 17.4% of the personal property tax imposed by § 47-1522(a); provided, that the amount deposited into the Neighborhood Investment Fund from the personal property tax shall not exceed $10 million annually." ; repealed subsecs. (h) and (i); and added subsec. (l). Prior to repeal, subsecs. (h) and (i) read as follows: "(h)(1) There is established as a nonlapsing fund the Get D.C. Residents Training for Jobs Now Career Technical Training Fund ('Career Technical Training Fund'), which shall be used to fund all costs associated with the 24- hour vocational education programs at Phelps Architecture, Construction and Engineering High School, Academy for Construction and Design at Cardozo Senior High School, and the Hospitality Public Charter School at Roosevelt High School. "(2) All funds deposited into the Career Technical Training Fund, and any interest earned on those funds, shall not revert to the unrestricted fund balance of the General Fund of the District of Columbia at the end of a fiscal year, or at any other time, but shall be continually available for the uses and purposes set forth in paragraph (1) of this subsection without regard to fiscal year limitation, subject to authorization by Congress. "(i) The Mayor shall transfer $1.1 million annually, adjusted yearly for inflation, from the Neighborhood Investment Fund to the Career Technical Training Fund. The initial deposit to the Career Technical Training Fund shall be made on or about October 1, 2009." Temporary Amendments of Section For temporary (225 day) amendment of section, see § 2(a) of Neighborhood Investment Amendment Temporary Act of 2006 (D.C. Law 16-207, March 2, 2007, law notification 54 DCR 2505). Section 2 of D.C. Law 18-179, in subsec. (j)(2), deleted "Main Street" from the lead-in language, substituted "Main Street Program;" for a semicolon in subpars. (A), (B), (C), (E), (F), (G), (H), (I), and (K), substituted "for direct service delivery managed through, or for an organization chosen by, the Department of Small and Local Business Development for the commercial corridor designated as Vinegar Hill South Main Street" for "to Vinegar Hill, N.W." in subpar. (D), and substituted "Main Street Program; and" for "; and" in subpar. (J). Section 4(b) of D.C. Law 18-179 provides that the act shall expire after 225 days of its having taken effect. Temporary Enactments For temporary (225 day) addition, see § 2 of Lower Georgia Avenue Job Training Center Funding Authorization Temporary Act of 2007 (D.C. Law 17-3, April 18, 2003, law notification 54 DCR 6582). Section 2 of D.C. Law 18-221, in subsec. (j)(2)(E), substituted "to an organization currently providing business services for the commercial corridor designated as Georgia Avenue Main Street or for direct service delivery managed through the Department of Small and Local Business Development for the commercial corridor designated as Georgia Avenue Main Street" for "to Georgia Avenue, N. W.". Section 4(b) of D.C. Law 18-221 provides that the act shall expire after 225 days of its having taken effect. Emergency Act Amendments For temporary (90 day) amendment of section, see § 2(a) of Neighborhood Investment Emergency Amendment Act of 2006 (D.C. Act 16-468, July 31, 2006, 53 DCR 6761). For temporary (90 day) amendment of section, see § 2(a) of Neighborhood Investment Congressional Review Emergency Amendment Act of 2006 (D.C. Act 16- 517, October 27, 2006, 53 DCR 9101). For temporary (90 day) amendment of section, see § 2(a) of Neighborhood Investment Congressional Review Emergency Amendment Act of 2007 (D.C. Act 17-8, January 16, 2007, 54 DCR 1468). For temporary (90 day) enactment, see § 2 of Lower Georgia Avenue Job Training Center Funding Authorization Emergency Act of 2007 (D.C. Act 17-12, January 26, 2007, 54 DCR 1517). For temporary (90 day) amendment of section, see § 2132 of Fiscal Year 2008 Budget Support Emergency Act of 2007 (D.C. Act 17-74, July 25, 2007, 54 DCR 7549). For temporary (90 day) amendment of section, see § 2061 of Fiscal Year 2010 Budget Support Second Emergency Act of 2009 (D.C. Act 18-207, October 15, 2009, 56 DCR 8234). For temporary (90 day) addition, see § 2062 of Fiscal Year 2010 Budget Support Second Emergency Act of 2009 (D.C. Act 18-207, October 15, 2009, 56 DCR 8234). For temporary (90 day) amendment of section, see § 2061 of Fiscal Year Budget Support Congressional Review Emergency Amendment Act of 2009 (D.C. Act 18-260, January 4, 2010, 57 DCR 345). For temporary (90 day) addition, see § 2062 of Fiscal Year Budget Support Congressional Review Emergency Amendment Act of 2009 (D.C. Act 18-260, January 4, 2010, 57 DCR 345). For temporary (90 day) amendment of section, see § 2 of Adams Morgan Main Street Group Emergency Amendment Act of 2010 (D.C. Act 18-342, March 22, 2010, 57 DCR 2852). For temporary (90 day) amendment of section, see § 2 of Georgia Avenue Main Street Authorization Emergency Amendment Act of 2010 (D.C. Act 18-434, June 14, 2010, 57 DCR 5384). For temporary (90 day) amendment of section, see § 2 of Adams Morgan Main Street Group Clarification Emergency Amendment Act of 2010 (D.C. Act 18-677, January 12, 2011, 58 DCR 595). For temporary (90 day) amendment of section, see § 202 of Fiscal Year 2011 Supplemental Budget Support Emergency Act of 2010 (D.C. Act 18-694, January 19, 2011, 58 DCR 662). Legislative History of Laws Law 15-131, the "Neighborhood Investment Act of 2004", was introduced in Council and assigned Bill No. 15-128, which was referred to the Committee on Economic Development. The Bill was adopted on first and second readings on December 2, 2003, and January 6, 2004, respectively. Signed by the Mayor on January 29, 2004, it was assigned Act No. 15-332 and transmitted to both Houses of Congress for its review. D.C. Law 15-131 became effective on March 30, 2004. For Law 17-20, see notes following § 6-1061.02. Law 17-123, the "Small Business Commercial Property Tax Relief Act of 2008", was introduced in Council and assigned Bill No. 17-20 which was referred to the Committee on Finance and Revenue. The Bill was adopted on first and second readings on December 11, 2007, and January 8, 2008, respectively. Signed by the Mayor on January 24, 2008, it was assigned Act No. 17-272 and transmitted to both Houses of Congress for its review. D.C. Law 17-123 became effective on March 20, 2008. Law 17-219, the "Fiscal Year 2009 Budget Support Act of 2008", was introduced in Council and assigned Bill No. 17-678, which was referred to the Committee of the Whole. The Bill was adopted on first and second readings on May 13, 2008, and June 3, 2008, respectively. Signed by the Mayor on June 26, 2008, it was assigned Act No. 17-419 and transmitted to both Houses of Congress for its review. D.C. Law 17-219 became effective on August 16, 2008. For Law 18-111, see notes following § 6-226. Law 18-338, the "Adams Morgan Main Street Group Clarification Amendment Act of 2010", was introduced in Council and assigned Bill No. 18-697, which was referred to the Committee on Economic Development. The Bill was adopted on first and second readings on December 7, 2010, and December 21, 2010, respectively. Signed by the Mayor on January 12, 2011, it was assigned Act No. 18-683 and transmitted to both Houses of Congress for its review. D.C. Law 18- 338 became effective on March 31, 2011. Law 18-370, the "Fiscal Year 2011 Supplemental Budget Support Act of 2010", was introduced in Council and assigned Bill No. 18-1100, which was referred to the Committee of the Whole. The Bill was adopted on first and second readings on December 7, 2010, and December 21, 2010, respectively. Signed by the Mayor on January 27, 2011, it was assigned Act No. 18-721 and transmitted to both Houses of Congress for its review. D.C. Law 18-370 became effective on April 8, 2011. For history of Law 19-21, see notes under § 6-226. Resolutions Resolution 16-589, the "Neighborhood Investment Act Spending Plan for FY 2006 Resolution of 2006", was approved effective March 7, 2006. Resolution 16-596, the "Neighborhood Investment Act Spending Plan for Fiscal Year 2006 Resolution of 2006", was approved effective April 4, 2006. Resolution 16-955, the "Neighborhood Investment Act Spending Plan for FY 2007 Emergency Approval Resolution of 2006", was approved effective December 19, 2006. Resolution 17-433, the "Neighborhood Investment Act Spending Plan for FY 2008 Emergency Approval Resolution of 2007", was approved effective November 6, 2007. Resolution 17-824, the"Neighborhood Investment Act Spending Plan for Fiscal Year 2009 Emergency Approval Resolution of 2008", was approved effective October 7, 2008. Miscellaneous Notes Short title: Section 2131 of D.C. Law 17-20 provided that subtitle M of title II of the act may be cited as the "Neighborhood Investment Amendment Act of 2007". Short title: Section 2060 of D.C. Law 18-111 provided that subtitle G of title II of the act may be cited as the "Neighborhood Investment Fund Implementation Plan Amendment Act of 2009". Section 2062 of D.C. Law 18-111 provides: "Sec. 2062. NIF Fund Balance. "There is established as a nonlapsing fund the Fiscal Year 2010 NIF Fund ('Fund') into which the Chief Financial Officer shall deposit $3.2 million in fiscal year 2009 funds from the anticipated fiscal year 2009 Neighborhood Investment Fund carryover. All funds deposited into the Fund, and any interest earned on those funds, shall not revert to the unrestricted fund balance of the General Fund of the District of Columbia at the end of a fiscal year, or at any other time, but shall be continually available for the uses and purposes set forth in section 2(j) of the Neighborhood Investment Act of 2004, effective March 30, 2004 (D.C. Law 15-131; D.C. Official Code § 6-1071(j))('Act'), without regard to fiscal year limitation, subject to authorization by Congress. No funds shall be transferred from the Fund until October 1, 2009, at which time the funds shall be used in accordance with section 2(j) of the Act." Short title: Section 201 of D.C. Law 18-370 provided that subtitle A of title II of the act may be cited as "Neighborhood Investment Fund Implementation Amendment Act of 2010". Section 203 of D.C. Law 18-370 provides: "Sec. 203. Applicability. "This subtitle shall apply as of October 1, 2010." Short title: Section 2021 of D.C. Law 19-21 provided that subtitle C of title II of the act may be cited as "Neighborhood Investment Fund Amendment Act of 2011". DC CODE § 6-1071 Current through December 11, 2012
(Mar. 30, 2004, D.C. Law 15-131, § 2, 51 DCR 1797; Sept. 18, 2007, D.C. Law 17-20, § 2132, 54 DCR 7052; Mar. 20, 2008, D.C. Law 17-123, § 2, 55 DCR 1513; Aug. 16, 2008, D.C. Law 17-219, § 7044, 55 DCR 7598; Mar. 3, 2010, D.C. Law 18-111, § 2061, 57 DCR 181; Mar. 31, 2011, D.C. Law 18-338, § 2, 58 DCR 616; Apr. 8, 2011, D.C. Law 18-370, § 202, 58 DCR 1008; Sept. 14, 2011, D.C. Law 19-21, § 2022, 58 DCR 6226.)