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Section 47-1814 of the District of Columbia Code is repealed.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