District of Columbia § 42-1214 Recorder of Deed Automation Improvement Fund.

District of Columbia Statutes

§ 42-1214 — Recorder of Deed Automation Improvement Fund.

District of Columbia·Title 42 Real Property.·Ch. 12 Recorder of Deeds.

(a)There is established as a special fund the Recorder of Deeds Automation Fund ("Fund"), which shall be administered by the Chief Financial Officer in accordance with subsections (b) and (b-1) of this section. (a-1) Notwithstanding § 42-1212 , the following revenue shall be deposited in the Fund:

(1)All funds collected pursuant to § 42-1211 ;

(2)Costs and charges collected under § 47-876 ; and

(3)Charges collected under § 47-1340(h) .

(b)Revenues accruing to the Fund shall be used solely and exclusively to cover the costs of updating the automated system of the Recorder of Deeds. These costs shall include the purchasing of computer hardware and software, maintenance of the new computer system, training staff to implement and operate the new system. (b-1) Notwithstanding s

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(a) There is established as a special fund the Recorder of Deeds Automation Fund ("Fund"), which shall be administered by the Chief Financial Officer in accordance with subsections (b) and (b-1) of this section.

(a-1) Notwithstanding § 42-1212 , the following revenue shall be deposited in the Fund:

(1) All funds collected pursuant to § 42-1211 ;

(2) Costs and charges collected under § 47-876 ; and

(3) Charges collected under § 47-1340(h) .

(b) Revenues accruing to the Fund shall be used solely and exclusively to cover the costs of updating the automated system of the Recorder of Deeds. These costs shall include the purchasing of computer hardware and software, maintenance of the new computer system, training staff to implement and operate the new system.

(b-1) Notwithstanding subsection (b) of this section, revenues accounted for and deposited into the Fund under the authority of §§ 47-876 and 47-1340(h) , together with interest accruing thereon, shall be used solely and exclusively by the Real Property Tax Administration of the Office of Tax and Revenue for the purposes under which the revenue was charged and collected.

(c) Repealed.

(d) Any money remaining available in the Fund at the end of a fiscal year, as determined by the Chief Financial Officer in the fiscal year-end close, shall be transferred to the unassigned fund balance of the General Fund of the District of Columbia as part of the fiscal year-end close.

(e) Nothing in this section shall be construed to prohibit or limit the appropriation of additional funds from the revenues of the District for the operations of the Real Property Tax Administration of the Office of Tax and Revenue, including appropriations to support the purposes specified in subsections (b) and (b-1) of this section. The revenues accruing to the Fund shall be considered as supplementing and enhancing the operations of the Real Property Tax Administration of the Office of Tax and Revenue, and are not intended to be used to supplant support for the Real Property Tax Administration of the Office of Tax and Revenue provided through the general funds of the District.

District of Columbia § 42-1214 (Recorder of Deed Automation Improvement Fund.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Apr. 24, 1926, 44 Stat. 322, ch. 176, § 3; as added Apr. 12, 1997, D.C. Law 11-257, § 3, 44 DCR 1247; Apr. 20, 1999, D.C. Law 12-264, § 50, 46 DCR 2118; Apr. 4, 2003, D.C. Law 14-282, § 10, 50 DCR 896; Mar. 13, 2004, D.C. Law 15-105, § 72(b), 51 DCR 881; Mar. 2, 2007, D.C. Law 16-192, § 1022, 53 DCR 6899