District of Columbia § 47-4660 GALA Hispanic Theatre; Lot 79, Square 2837.

District of Columbia Statutes

§ 47-4660 — GALA Hispanic Theatre; Lot 79, Square 2837.

District of Columbia·Title 47 Taxation, Licensing, Permits, Assessments, and Fees. [Enacted title]·Ch. 46 Special Tax Incentives.

(a)The real property taxes paid with respect to Square 2837, Lot 0079 shall be rebated to Grupo de Artistas Latinoamericanos, G.A.L.A., Inc., also known as the GALA Hispanic Theatre ("GALA"); provided, that:

(1)GALA is liable under the lease for its proportionate share of the real property tax;

(2)During the applicable tax year, GALA actually occupies the space in the building in Square 2837, Lot 0079 that it has leased from the lessor

(3)Except as provided in subsection (e) of this section, GALA applies for the rebate of real property tax by September 15 of the calendar year in which the tax was payable as provided under § 47-811 ; and

(4)The real property tax was paid.

(b)The rebate shall be the amount of the portion of the real property tax that was paid, directly or

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(a) The real property taxes paid with respect to Square 2837, Lot 0079 shall be rebated to Grupo de Artistas Latinoamericanos, G.A.L.A., Inc., also known as the GALA Hispanic Theatre ("GALA"); provided, that:

(1) GALA is liable under the lease for its proportionate share of the real property tax;

(2) During the applicable tax year, GALA actually occupies the space in the building in Square 2837, Lot 0079 that it has leased from the lessor

(3) Except as provided in subsection (e) of this section, GALA applies for the rebate of real property tax by September 15 of the calendar year in which the tax was payable as provided under § 47-811 ; and

(4) The real property tax was paid.

(b) The rebate shall be the amount of the portion of the real property tax that was paid, directly or indirectly, by GALA under its lease with the lessor; provided, that this amount shall not exceed the extent of GALA's proportionate share of the real property tax incurred as reasonably allocated in relation to the net rentable area of the leased space.

(c) The application for the rebate shall include:

(1) A copy of the lease with lessor;

(2) A description of the real property's total net rentable area and the portion leased to GALA; and

(3) Documentation that the real property tax has been paid.

(d) If a proper application has been made, the Chief Financial Officer shall rebate the tax on or before December 31 of the same calendar year in which the tax was paid.

(e) The rebate provided by this section shall be available for tax years beginning after September 30, 2024; except, that GALA may, on or before September 15, 2025, apply for a rebate of its proportionate share of real property tax that it paid with respect to tax year 2024, and, if a proper application has been made and GALA meets the eligibility criteria provided in this section, the Chief Financial Officer shall rebate such amount on or before December 31, 2025.

(f) The rebate provided pursuant to this section shall be in addition to, and not in lieu of, any other tax, financial, or development incentive, or tax credit, or any other type of incentive provided to GALA under any District or federal program.

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