Section 10-B5910. ABATEMENT CAPS

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5910.1Caps for Eligible Areas 1, 2, and 3 on the total amount of tax abatements authorized under the Act are as follows:

(a)The DMED may approve up to $ 2.5 million in annual tax abatements for Eligible Area # 1;

(b)The DMED may approve up to $ 2 million in annual tax abatements for Eligible Area # 2; and

(c)The DMED may approve up to $ 2.5 million in annual tax abatements for Eligible Area # 3.

source

Final Rulemaking published at 50 DCR 553 (January 17, 2003).

                    
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