5655408 Tax and Revenue, Office of - Notice of Proposed Rulemaking - Special Deed Tax Sale

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 its 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 special deed sale in accordance with 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:

 

Subsection 319.2 of Section 319, SPECIAL DEED TAX SALE, is amended to read as follows:

319.2               Bid back real properties may be sold:

(a)        On a one-by-one, first-come first-served basis; when so sold, no sooner than ten (10) business days after OTR publishes a list of bid backs for sale, a purchaser shall have first submitted a written offer, received by the Chief of the Assessment Services Division within OTR, clearly describing the real property by square suffix and lot, or parcel and lot, numbers; any offer shall only be deemed accepted by OTR after payment has been effectuated on the terms specified by OTR to that purchaser; or

(b)        Through a sealed bid process for a single portfolio; when so sold, a list of all bid back real properties (described by square suffix and lot, or parcel and lot, numbers) purchased with corresponding tax owed, including accruals, shall have been posted to OTR's Web site; the sealed bid process shall continue with Subsections 319.3 through 319.9 of this section, below. 

(c)        This subsection shall not 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.

 

 

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