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Tax Reduction Amendment Act of 1999
Bill 13-132

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Councilmember Carol Schwartz

A BILL IN THE COUNCIL OF THE DISTRICT OF COLUMBIA

Councilmember Carol Schwartz introduced the following bill, which was referred to the Committee on Finance and Revenue.

To amend Title 47 of the District of Columbia Code to invigorate retail activities in the District by decreasing general sales tax and eliminating sales tax on shoe, articles of clothing or clothing accessories costing $100 or less per item; to reward residents and encourage people to move to the District by reducing the income tax rate; and to eliminate the professional license fee.

BE IT ENACTED BY THE COUNCIL OF THE DISTRICT OF COLUMBIA, That this act may be cited as the "Tax Reduction Amendment Act of 1999."

Sec. 2. Sales Tax and Use Tax

(a) Section 47-2002 of the District of Columbia Code is amended as follows:

(i) Strike the figure "75" and insert "00" in its place.

(ii) Insert a new subsection (4) to read as follows:

"(4) The tax imposed by this section shall not apply to the retail sales of shoes, articles of clothing or clothing accessories costing $100 or less per item.".

(b) Section 47-2202 of the District of Columbia Code is amended as follows:

Strike the figure "75" and insert "00" in its place.

Sec. 3. Income Tax

Section 47-1806.3 of the District of Columbia Code is amended as follows:

Subsection (a) is amended by inserting a new paragraph (3) to read as follows:

"(3) In the case of a taxable year beginning after December 31, 1999, there is imposed on the taxable income of every resident a tax determined in accordance with the following table:

"If the taxable income is: "The tax is:
"Not over $10,000 "6% of the taxable income
"Over $10,000 but not over $20,000 "$1400, plus 7.5% of the excess over $20,000.".
"Over $20,000 "$1400, plus 7.5% of the excess over $20,000.".

Sec. 4. Professional License Fee

Section 47-1814 of the District of Columbia Code is repealed.

Sec. 5. Fiscal Impact

The Council adopts the fiscal impact statement in the Committee Report as the fiscal impact statement required by section 602(c)(3) of the District of Columbia Home Rule Act, approved December 24, 1973 (87 Stat. 813; D.C. Code 1-233(c)(3).

Sec. 6. Effective Date

This act shall take effect upon its enactment (approval by the Mayor, or in the event of veto by the Mayor, override of the veto by the Council), and approval by the Financial Responsibility and Management Assistance Authority as provided in section 203(a) of the District of Columbia Financial Responsibility and Management Assistance Act of 1995, approved April 17, 1995 (109 Stat. 116; D.C. Code 47-392.3(a)), a 60-day period of Congressional review as provided in section 602(c)(2) of the District of Columbia Self-Government and Governmental Reorganization Act, approved December 24, 1973 (87 Stat. 813; D.C. Code 1-233(c)(2)), and publication in the District of Columbia Register.

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