District of Columbia § 42-2067.04 Duties of the Advisory Council.

District of Columbia Statutes

§ 42-2067.04 — Duties of the Advisory Council.

District of Columbia § 42-2067.04

Title 42Real Property.

Ch. 20ALimited-Equity Cooperative Task Force.

Subch. IILimited Equity Cooperative Advisory Council Act.

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Bluebook

D.C. Code § 42-2067.04 (2026).

Text

(a)Each calendar year, the Advisory Council shall submit to the Council a 6-month preliminary report and an annual comprehensive report on:

(1)Policy and legislative recommendations related to how the District can help stabilize, strengthen, and preserve existing LECs, as well as how the District can best support the formation of new LECs;

(2)Funding options and sources to assist in the formation of new LECs and to provide technical support and assistance to LEC members and LEC boards in the District;

(3)How to establish appropriate government oversight to ensure that LEC boards have the necessary financial and structural management resources to help them succeed and prosper; and

(4)Any other identified needs or requirements for the successful formation and preservation of

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(a) Each calendar year, the Advisory Council shall submit to the Council a 6-month preliminary report and an annual comprehensive report on:

(1) Policy and legislative recommendations related to how the District can help stabilize, strengthen, and preserve existing LECs, as well as how the District can best support the formation of new LECs;

(2) Funding options and sources to assist in the formation of new LECs and to provide technical support and assistance to LEC members and LEC boards in the District;

(3) How to establish appropriate government oversight to ensure that LEC boards have the necessary financial and structural management resources to help them succeed and prosper; and

(4) Any other identified needs or requirements for the successful formation and preservation of LECs in the District.