7 | | - | AN ACT |
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8 | | - | |
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9 | | - | ______________ |
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10 | | - | |
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11 | | - | |
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12 | | - | IN THE COUNCIL OF THE DISTRICT OF COLUMBIA |
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13 | | - | |
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14 | | - | _______________________ |
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15 | | - | |
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16 | | - | |
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17 | | - | To authorize, on a temporary basis, the Deputy Mayor for Planning and Economic Development |
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18 | | - | to provide grant funding to a technology incubator in the District. |
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19 | | - | |
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20 | | - | BE IT ENACTED BY THE COUNCIL OF THE DISTRICT OF COLUMBIA, That this |
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21 | | - | act may be cited as the “Deputy Mayor for Planning and Economic Development Technology |
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22 | | - | Incubator Grant Temporary Amendment Act of 2024”. |
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23 | | - | |
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24 | | - | Sec. 2. Section 2032 of the Deputy Mayor for Planning and Economic Development |
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25 | | - | Limited Grant-Making Authority Act of 2012, effective September 20, 2012 (D.C. Law 19-168; |
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26 | | - | D.C. Official Code § 1-328.04), is amended by adding a new subsection (jj) to read as follows: |
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27 | | - | |
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28 | | - | “(jj) Notwithstanding the Grant Administration Act of 2013, effective December 24, 2013 |
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29 | | - | (D.C. Law 20-61; D.C. Official Code § 1-328.11 et seq.): |
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30 | | - | “(1) In Fiscal Year 2024, the Deputy Mayor shall award a grant of $500,000 to |
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31 | | - | Capital Factory for the purpose of supporting a technology incubator in the District; and |
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32 | | - | “(2) In Fiscal Year 2025, the Deputy Mayor shall award a grant of $1,500,000 to |
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33 | | - | Capital Factory for the purpose of supporting a technology incubator in the District.”. |
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34 | | - | |
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35 | | - | Sec. 3. Fiscal impact statement. |
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36 | | - | The Council adopts the fiscal impact statement of the Budget Director as the fiscal |
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37 | | - | impact statement required by section 4a of the General Legislative Procedures Act of 1975, |
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38 | | - | approved October 16, 2006 (120 Stat. 2038; D.C. Official Code § 1-301.47a). |
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39 | | - | |
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40 | | - | Sec. 4. Effective date. |
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41 | | - | (a) This act shall take effect after approval by the Mayor (or in the event of veto by the |
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42 | | - | Mayor, action by the Council to override the veto) and a 30-day period of congressional review |
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43 | | - | as provided in section 602(c)(1) of the District of Columbia Home Rule Act, approved December |
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44 | | - | |
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45 | | - | |
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46 | | - | ENROLLED ORIGINAL |
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| 7 | + | A BILL 33 |
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| 8 | + | 34 |
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| 9 | + | 25-895 35 |
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| 10 | + | 36 |
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| 11 | + | IN THE COUNCIL OF THE DISTRICT OF COLUMBIA 37 |
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| 12 | + | 38 |
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| 13 | + | _______________________ 39 |
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| 14 | + | 40 |
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| 15 | + | To authorize, on a temporary basis, the Deputy Mayor for Planning and Economic Development 41 |
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| 16 | + | to provide grant funding to a technology incubator in the District. 42 |
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| 17 | + | 43 |
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| 18 | + | BE IT ENACTED BY THE COUNCIL OF THE DISTRICT OF COLUMBIA, That this 44 |
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| 19 | + | act may be cited as the “Deputy Mayor for Planning and Economic Development Technology 45 |
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| 20 | + | Incubator Grant Temporary Act of 2024”. 46 |
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| 21 | + | Sec. 2. Section 2032 of the Deputy Mayor for Planning and Economic Development 47 |
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| 22 | + | Limited Grant-Making Authority Act of 2012, effective September 20, 2012 (D.C. Law 48 |
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| 23 | + | 19-168; D.C. Official Code § 1-328.04), is amended by adding a new subsection (jj) to read as 49 |
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| 24 | + | follows: 50 |
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| 25 | + | “(jj) Notwithstanding the Grant Administration Act of 2013, effective December 24, 2013 51 |
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| 26 | + | (D.C. Law 20-61; D.C. Official Code § 1-328.11 et seq.): 52 |
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| 27 | + | (1) In Fiscal Year 2024, the Deputy Mayor shall award a grant of $500,000 to 53 |
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| 28 | + | Capital Factory for the purpose of supporting a technology incubator in the District; and 54 |
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| 29 | + | (2) In Fiscal Year 2025, the Deputy Mayor shall award a grant of $1,500,000 000 55 |
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| 30 | + | to Capital Factory for the purpose of supporting a technology incubator in the District.”. 56 ENGROSSED ORIGINAL |
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52 | | - | 24, 1973 (87 Stat. 813; D.C. Official Code § 1-206.02(c)(1)), and publication in the District of |
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53 | | - | Columbia Register. |
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54 | | - | (b) This act shall expire after 225 days of its having taken effect. |
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55 | | - | |
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56 | | - | |
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57 | | - | |
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58 | | - | ______________________________ |
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59 | | - | Chairman |
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60 | | - | Council of the District of Columbia |
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61 | | - | |
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62 | | - | |
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63 | | - | |
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64 | | - | |
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65 | | - | |
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66 | | - | _________________________________ |
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67 | | - | Mayor |
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68 | | - | District of Columbia |
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69 | | - | |
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70 | | - | |
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71 | | - | |
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| 36 | + | Sec. 3. Fiscal impact statement. 57 |
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| 37 | + | The Council adopts the fiscal impact statement of the Budget Director as the fiscal 58 |
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| 38 | + | impact statement required by section 4a of the General Legislative Procedures Act of 1975, 59 |
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| 39 | + | approved October 16, 2006 (120 Stat. 2038; D.C. Official Code § 1-301.47a). 60 |
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| 40 | + | Sec. 4. Effective date. 61 |
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| 41 | + | (a) This act shall take effect after approval by the Mayor (or in the event of veto by 62 |
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| 42 | + | the Mayor, action by the Council to override the veto), a 30-day period of congressional review 63 |
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| 43 | + | as provided in section 602(c)(1) of the District of Columbia Home Rule Act, approved December 64 |
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| 44 | + | 24, 1973 (87 Stat. 813; D.C. Official Code § 1-206.02(c)(1)), and publication in the District of 65 |
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| 45 | + | Columbia Register. 66 |
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| 46 | + | (b) This act shall expire after 225 days of its having taken effect. 67 |
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