District Of Columbia 2023-2024 Regular Session

District Of Columbia Council Bill B25-0497 Compare Versions

Version 1 (Old)

Version 2 (New)

Old	New		Differences
1		-	ENROLLED ORIGINAL
2		-
3		-
4		-
5		-
6	1		1
7		-	AN ACT
8		-
9		-	_________________
10		-
11		-	IN THE COUNCIL OF THE DISTRICT OF COLUMBIA
12		-
13		-	_________________________
14		-
15		-
16		-	To clarify, on an emergency basis, the Department of Small and Local Business Development’s
17		-	authority to issue grants to eligible entrepreneurs and for-profit businesses in Ward 8.
18		-	BE IT ENACTED BY THE COUNCIL OF THE DISTRICT OF COLUMBIA , That this
19		-	act may be cited as the “Ward 8 Community Investment Fund Emergency Clarification Act of
20		-	2023”.
21		-	Sec. 2. (a) Notwithstanding section 1094 of the Grant Administration Act of 2013,
22		-	effective December 24, 2013 (D.C. Law 20-61; D.C. Official Code § 1-328.13), in Fiscal Year
23		-	2024 and each subsequent fiscal year, the Department of Small and Local Business Development
24		-	shall issue a grant in the amount appropriated for the Ward 8 Community Investment Fund to the
25		-	DC Community Development Consortium Institute to provide grants or microloans to eligible
26		-	entrepreneurs and businesses seeking to establish or sustain for-profit businesses in Ward 8.
27		-	(b) The following persons and entities shall be eligible to receive grants in the specified
28		-	amounts:
29		-	(1) Small grants and microloans of up to $5,000 in total to Ward 8 residents for
30		-	costs related to starting a business in Ward 8. Startup costs include business licensing and other
31		-	fees required to incorporate a for-profit business in the District, insurance required by District or
32		-	federal laws or regulations, and pre-operating costs;
33		-	(2) Grants and microloans not to exceed $10,000 in total to support small
34		-	businesses owned by Ward 8 residents operating in Ward 8 for at least 1 year prior to being
35		-	awarded the grant or microloan; and
36		-	(3) Grants and microloans not to exceed $20,000 total to support small Ward 8
37		-	businesses owned by Ward 8 residents operating in Ward 8 for at least 3 years prior to being
38		-	awarded the grant or microloan.
39		-	(c) The DC Community Development Consortium Institute may use up to 20% of the
40		-	total annual grant amount to support operating costs, and to provide technical assistance to,
41		-	eligible applicants and grantees.
42		-	(d) The DC Community Development Consortium Institute shall submit a quarterly
43		-	report to the Department of Small and Local Business Development detailing:
44		-	(1) The number of applications received;
45		-	(2) The number of grants issued; ENROLLED ORIGINAL
46		-
47		-
48		-
49		-
50		-	2
51		-	(3) The amount of money issued per grant; and
52		-	(4) A list of entrepreneurs and businesses who were awarded grants in the
53		-	past quarter, a description of the business or business proposal, and a copy of each grant-winning
54		-	application and supporting materials.
55		-	(e) The DC Community Development Consortium Institute shall give Ward 8 residents
56		-	control over the deployment of capital received from the grant through a grant-review committee
57		-	comprised of 7 Ward 8 residents selected annually through an open application process. The DC
58		-	Community Development Consortium Institute shall establish procedures to identify and
59		-	eliminate conflicts of interest with potential recipients through the grant-review committee and
60		-	provide technical and administrative support to the grant-review committee, as necessary.
61		-	Sec. 3. Fiscal impact statement.
62		-	The Council adopts the fiscal impact statement of the Budget Director as the fiscal impact
63		-	statement required by section 4a of the General Legislative Procedures Act of 1975, approved
64		-	October 16, 2006 (120 Stat. 2038; D.C. Official Code § 1 301.47a).
65		-
66		-	Sec. 4. Effective date.
67		-	This act shall take effect following approval by the Mayor (or in the event of veto by the
68		-	Mayor, action by the Council to override the veto), and shall remain in effect for no longer than
69		-	90 days, as provided for emergency acts of the Council of the District of Columbia in section
70		-	412(a) of the District of Columbia Home Rule Act, approved December 24, 1973 (87 Stat. 788;
71		-	D.C. Official Code § 1-204.12(a)).
72		-
73		-
74		-	______________________________
75		-	Chairman
76		-	Council of the District of Columbia
77		-
78		-
79		-
80		-	_________________________________
81		-	Mayor
82		-	District of Columbia
	2	+	___________________________ 1
	3	+	Councilmember Trayon White Sr. 2
	4	+	3
	5	+	4
	6	+	A BILL 5
	7	+	6
	8	+	_________________ 7
	9	+	8
	10	+	IN THE COUNCIL OF THE DISTRICT OF COLUMBIA 9
	11	+	10
	12	+	______________ 11
	13	+	12
	14	+	To clarify, on an emergency basis, the Department of Small and Local Business Development’s 13
	15	+	authority to issue grants to eligible entrepreneurs and for-profit businesses in Ward 8. 14
	16	+	BE IT ENACTED BY THE COUNCIL OF THE DISTRICT OF COLUMBIA , That this 15
	17	+	act may be cited as the “Ward 8 Community Investment Fund Emergency Clarification 16
	18	+	Act of 2023”. 17
	19	+	Sec. 2. (a) Notwithstanding section 1094 of the Grant Administration Act of 2013, 18
	20	+	effective December 24, 2013 (D.C. Law 20-61; D.C. Official Code § 1-328.11 et seq.), in Fiscal 19
	21	+	Year 2024 and each subsequent fiscal year, the Department of Small and Local Business 20
	22	+	Development shall issue a grant in the amount appropriated for the Ward 8 Community 21
	23	+	Investment Fund to the DC Community Development Consortium Institute to provide grants or 22
	24	+	microloans, to eligible entrepreneurs and businesses seeking to establish or sustain for-profit 23
	25	+	businesses in Ward 8. 24
	26	+	(b) The following persons and entities are eligible to receive grants in the specified 25
	27	+	amounts: 26
	28	+	(1) Small grants and microloans of up to $5,000 in total to Ward 8 residents for 27
	29	+	costs related to starting a business in Ward 8. Startup costs include business licensing and other 28
	30	+	fees required to incorporate a for-profit business in the District, insurance required by District or 29
	31	+	federal laws or regulations, and pre-operating costs; 30 2
	32	+	(2) Grants and microloans not to exceed $10,000 in total to support small 31
	33	+	businesses owned by Ward 8 residents operating in Ward 8 for at least 1 year prior to being 32
	34	+	awarded the grant or microloan; and 33
	35	+	(3) Grants and microloans not to exceed $20,000 total to support small Ward 8 34
	36	+	businesses owned by Ward 8 residents operating in Ward 8 for at least 3 years prior to being 35
	37	+	awarded the grant or microloan. 36
	38	+	(c) The DC Community Development Consortium Institute may use up to 20% of the 37
	39	+	total annual grant amount to support operating costs and to provide technical assistance to, 38
	40	+	eligible applicants and grantees. 39
	41	+	(d) The DC Community Development Consortium Institute shall submit a quarterly 40
	42	+	report to the Department of Small and Local Business Development detailing: 41
	43	+	(1) The number of applications received; 42
	44	+	(2) The number of grants issued; 43
	45	+	(3) The amount of money issued per grant; and 44
	46	+	(4) A list of entrepreneurs and businesses who were awarded grants in the 45
	47	+	past quarter, a description of the business or business proposal, and a copy of each grant-winning 46
	48	+	application and supporting materials. 47
	49	+	(e) The DC Community Development Consortium Institute shall 48
	50	+	give Ward 8 residents control over the deployment of capital received from the grant 49
	51	+	through a grant-review committee comprised of seven (7) Ward 8 residents 50
	52	+	selected annually through an open application process. The DC Community Development 51
	53	+	Consortium Institute shall establish procedures to identify and eliminate conflicts of 52
	54	+	interest with potential recipients through the grant-review committee, and provide 53
	55	+	technical and administrative support to the grant-review committee, as necessary. 54 3
	56	+	Sec. 3. Fiscal impact. 55
	57	+	The Council adopts the fiscal impact statement of the Budget Director as the fiscal impact 56
	58	+	statement required by section 4a of the General Legislative Procedures Act of 1975, approved 57
	59	+	October 16, 2006 (120 Stat. 2038; D.C. Official Code § 1 301.47a). 58
	60	+	Sec. 3. Fiscal impact. 59
	61	+	The Council adopts the fiscal impact statement of the Budget Director as the fiscal impact 60
	62	+	statement required by section 4a of the General Legislative Procedures Act of 1975, approved 61
	63	+	October 16, 2006 (120 Stat. 2038; D.C. Official Code § 1 301.47a). 62
	64	+	Sec. 4. Effective date. 63
	65	+	This act shall take effect following approval by the Mayor (or in the event of veto by the 64
	66	+	Mayor, action by the Council to override the veto), and shall remain in effect for no longer than 65
	67	+	90 days, as provided for emergency acts of the Council of the District of Columbia in section 66
	68	+	412(a) of the District of Columbia Home Rule Act, approved December 24, 1973 (87 Stat. 788; 67
	69	+	D.C. Official Code § 1-204.12(a)). 68
	70	+	69