District Of Columbia § 47-336 - Definitions.
Full text of District Of Columbia D.C. Code § 47-336 — Definitions., with citation guidance and answers to common questions.
§ 47-336. Definitions.
47-336For the purposes of this subchapter, the term:
“Capital lease financings” means a lease in which the District is the lessee and which meets 1 or more of the following criteria:
The lease transfers ownership of the property to the lessee by the end of the lease term;
The lease allows the lessee to purchase the real property at a bargain price;
The term of the lease is 75% or more of the estimated useful economic life of the real property; or
The present value of the lease payments is 90% or more of the fair market value of the real property.
“Committee” means the Capital Review and Debt Affordability Committee.
“Multiyear capital improvements plan” means the multiyear capital improvements plan required by .
“Special real property tax levy” means that portion of the real property tax levy required by District of Columbia general obligation bonds acts to be deposited in the debt service fund so that, when added to the funds already on deposit in the fund, the fund will be sufficient to pay the principal and interest on all outstanding general obligation bonds and additional general obligation bonds coming due in any year.
Annotations
Source: official District Of Columbia text · Last verified 2026-08-27
Frequently Asked Questions About District Of Columbia § 47-336
What does D.C. Code § 47-336 cover?
Section 47-336 ("Definitions.") is part of the D.C. Code, the codified statutory law of District Of Columbia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite District Of Columbia § 47-336?
A common citation format is "D.C. Code § 47-336" (District Of Columbia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of District Of Columbia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the District Of Columbia official source linked on this page or consult a licensed District Of Columbia attorney.
How does District Of Columbia § 47-336 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in District Of Columbia can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in District Of Columbia.