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D.C. Code § 10-1221.15

Federal recovery act reimbursement requirement

Sept. 19, 2006, D.C

If the District or the Authority receive reimbursement, subsidy, or TIF debt service relief in excess of the funds required by the bond covenant authorized by this subchapter, pursuant to the American Recovery and Reinvestment Act of 2009, approved February 17, 2009 (123 Stat. 115; 26 U.S.C. § 1 , note), the revenue and relief shall be credited to the District and shall be deposited in the General Fund of the District of Columbia.

Official source: D.C. Law Library (Council of the District of Columbia). Reproduced from public-domain District of Columbia statutes; confirm against the official source for the current text. Not legal advice.