D.C. Code § 2-218.31

Current through codified legislation effective June 1, 2024

Section 2-218.31 - Local business enterprises

A business enterprise shall be eligible for certification as a local business enterprise if the business enterprise:

(1) Has its principal office located physically in the District of Columbia;

(2) Requires that its chief executive officer and the highest level managerial employees of the business enterprise perform their managerial functions in their principal office located in the District;

(2A) Can demonstrate one of the following:

(A) More than 50% of the employees of the business enterprise are residents of the District;

(B) The owners of more than 50% of the business enterprise are residents of the District;

(C) More than 50% of the assets of the business enterprise, excluding bank accounts, are located in the District; or

(D) More than 50% of the business enterprise's gross receipts are District gross receipts; and

(3) Can demonstrate one of the following:

(A) The business enterprise is licensed pursuant to Chapter 28 of Title [47];

(B) The business enterprise is subject to the tax levied under Chapter [18] of Title 47; or

(C) The business enterprise is a business enterprise identified in § 47-1808.01(1) through (5) and more than 50% of the business is owned by residents of the District.

D.C. Code § 2-218.31

Amended by D.C. Law 25-7, § 2 , 70 DCR 003806, eff. 5/25/2023, exp. 1/5/2024.

Amended by D.C. Law 25-37, § 2 , 70 DCR 002984, eff. 2/27/2023, exp. 5/28/2023.

Amended by D.C. Law 24-35, § 2 , 68 DCR 007989, eff. 9/22/2021, exp. 5/5/2022.

Amended by D.C. Law 24-118, § 2 , 68 DCR 007323, eff. 7/21/2021, exp. 10/19/2021.

Oct. 20, 2005, D.C. Law 16-33, § 2331, 52 DCR 7503; Mar. 2, 2007, D.C. Law 16-192, § 2132(a), 53 DCR 6899; July 18, 2008, D.C. Law 17-207, § 2(f), 55 DCR 6107; June 10, 2014, D.C. Law 20-108, § 2(i), 61 DCR 3892; Oct. 22, 2015, D.C. Law 21-36, § 2082, 62 DCR 10905.

Applicability of D.C. Law 20-108:

Section 4(a) of D.C. Law 20-108 provided that applications pending as of June 10, 2014, shall not be subject to the provisions of the act.

Section 4(b) of D.C. Law 20-108 provided that, except as provided in § 2-218.46(f) , contracts existing or pending as of June 10, 2014, shall not be affected by the provisions of the act.

Section 4(c) of D.C. Law 20-108 provided that the act shall apply upon the inclusion of its fiscal effect in an approved budget and financial plan, as certified by the Chief Financial Officer to the Budget Director of the Council in a certification published by the Council in the District of Columbia Register.

Section 4(c) of D.C. Law 20-108 was repealed by D.C. Law 20-155, § 7005.

Applicability of D.C. Law 21-36: Section 2083 of D.C. Law 21-36 provided that section 2082 of the act shall apply as of June 10, 2014.