District of Columbia § 42-1119 Elimination of fractional stamps or devices; payment of tax to nearest dollar.

District of Columbia Statutes

§ 42-1119 — Elimination of fractional stamps or devices; payment of tax to nearest dollar.

District of Columbia § 42-1119

Title 42Real Property.

Ch. 11Recordation Tax on Deeds.

This text of District of Columbia § 42-1119 (Elimination of fractional stamps or devices; payment of tax to nearest dollar.) is published on Counsel Stack Legal Research, covering District of Columbia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

D.C. Code § 42-1119 (2026).

Text

For the purpose of avoiding, in the case of any stamps or devices employed pursuant to authority of this chapter, the issuance of stamps or the employment of devices representing fractional parts of $1, the Mayor is authorized, in his discretion, to limit the denominations of such stamps or devices to amounts representing $1 or multiples of $1, and to prescribe further that where part of the tax due is a fraction of $1, the tax paid shall be paid to the nearest dollar.

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For the purpose of avoiding, in the case of any stamps or devices employed pursuant to authority of this chapter, the issuance of stamps or the employment of devices representing fractional parts of $1, the Mayor is authorized, in his discretion, to limit the denominations of such stamps or devices to amounts representing $1 or multiples of $1, and to prescribe further that where part of the tax due is a fraction of $1, the tax paid shall be paid to the nearest dollar.