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state_legiscan_backfill · DC

Fiscal Accountability and Homeownership Opportunity Act of 2026

March 30, 2026

Summary

If enacted, this bill would redirect recaptured downtown conversion tax abatement funds into the District's Home Purchase Assistance Fund. It further mandates that the Office of the Chief Financial Officer produce biennial tax expenditure reviews and maintain a regional economic competitiveness dashboard to increase transparency for public financial incentives.

Source: https://lims.dccouncil.gov/Legislation/B26-0645

Common questions

What does "Fiscal Accountability and Homeownership Opportunity Act of 2026" cover?
If enacted, this bill would redirect recaptured downtown conversion tax abatement funds into the District's Home Purchase Assistance Fund. It further…
When was it published?
It was published on March 30, 2026.

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