6238572 Tax and Revenue, Office of - Notice of Proposed Rulemaking - Proposed amendments to conduct the tax sale for any or all real properties bid back from a real property tax sale pursuant to D.C. Official Code § 47-1346 subject to sale pursuant ...

OFFICE OF TAX AND REVENUE

 

NOTICE OF PROPOSED RULEMAKING

 

The Deputy Chief Financial Officer of the District of Columbia Office of Tax and Revenue (OTR), of the Office of the Chief Financial Officer, pursuant to the authority set forth in D.C. Official Code § 47-1335 (2012 Repl.), Section 201(a) of the 2005 District of Columbia Omnibus Authorization Act, approved October 16, 2006 (120 Stat. 2019, Pub. L. 109-356; D.C. Official Code § 1-204.24d (2014 Repl.)), and the Office of the Chief Financial Officer Financial Management and Control Order No. 00-5, effective June 7, 2000, hereby gives notice of the intent to amend Chapter 3 (Real Property Taxes) of Title 9 (Taxation and Assessments) of the District of Columbia Municipal Regulations (DCMR).

 

The proposed amendments to Section 319 (Special Deed Tax Sale) are necessary for the conduct of a tax sale for any or all real properties bid back from a real property tax sale pursuant to D.C. Official Code § 47-1346 and subject to sale pursuant to D.C. Official Code § 47-1353(a)(1). 

 

OTR gives notice of its intent to take final rulemaking action to adopt these regulations in not less than thirty (30) days from the date of publication of this notice in the D.C. Register.

 

Chapter 3, REAL PROPERTY TAXES, of Title 9 DCMR, TAXATION AND ASSESSMENTS, is amended as follows:

 

Section 319, SPECIAL DEED TAX SALE, is amended by striking the section in its entirety and amending to read as follows:

 

319.1               At the discretion of the Chief Financial Officer, any or all real properties bid back from a real property tax sale pursuant to § 47-1346 of the D.C. Official Code may be subject to sale pursuant to § 47-1353(a)(1) of the D.C. Official Code.  This sale shall not provide for any reduction of taxes owed.  The Office of Tax and Revenue (OTR), in its discretion, may exclude one or more bid back real properties from the portfolio of properties offered for sale.  Nothing in this section shall be construed to limit the use of other processes to sell bid backs as permitted by law, including sales to the District or an instrumentality thereof, to a non-profit, or at a discount sale.

 

319.2               Bid back real properties may be sold:

 

(a)        On a one-by-one, first-come first-served basis.

 

(1)        OTR may publish a list of bid backs for sale to OTR's Web site, as well as the date of the sale;

 

(2)        When sold on a one-by-one, first-come first-served basis, a purchaser shall have first registered for the sale; registration begins when the sale begins, and purchasers will be registered in order of arrival time based on the time the purchaser signs-in with OTR security, provided that purchaser is actively pursuing completion of the sale and processes the required documents and full payment;

 

(3)        Required documentation shall include a copy of the purchaser's Treasury Form W-9, a completed Form FR-500 (Combined Business Tax Registration Application) and a Buyer Registration form;

 

(4)        Full payment of the purchase price must be received at the time of registration in the form of cash, certified check, cashier's check or USPS money order payable to the DC Treasurer;

 

(5)        Certificates of sale shall be mailed to the successful purchaser.

 

 

Comments on this proposed rulemaking should be submitted to Sonia Kamboh, Assistant General Counsel, Office of Tax and Revenue, no later than thirty (30) days after publication of this notice in the D.C. Register.  Sonia Kamboh may be contacted by: mail at D.C. Office of Tax and Revenue, 1101 4^th Street, S.W., Suite 750, Washington, D.C. 20024; telephone at [phone]; or, email at [e-mail]. Copies of this rule and related information may be obtained by contacting Sonia Kamboh as stated herein.