Soul of the City Business Improvement District Emergency Amendment Act of 2026

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Plain-English Summary

This bill creates the "Soul of the City Business Improvement District" (BID) in the District of Columbia, covering specific properties. Property owners within this BID will pay special taxes based on their property type, with some exemptions for affordable housing units and properties that invest in public safety. The BID taxes will start on April 1, 2026, and may increase by 3% annually.

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