District Of Columbia § 1-325.341 - BID Parking Abatement Fund
Full text of District Of Columbia D.C. Code § 1-325.341 — BID Parking Abatement Fund, with citation guidance and answers to common questions.
§ 1-325.341. BID Parking Abatement Fund
1-325.341There is established as a special fund the BID Parking Abatement Fund (“Fund”), which shall be administered by the Mayor in accordance with subsection (c) of this section.
An allocation in the amount of $120,000 from the Fiscal Year 2016 approved budget and financial plan shall be deposited in the Fund.
Money in the Fund shall be used to abate parking fees for a Business Improvement District (“BID”), as that term is defined in , that applies and is approved to reserve a public parking space within the BID for use by pedestrians; provided, that no more than 70% of the money available in a fiscal year shall be distributed to a single BID.
The money deposited into the Fund, and interest earned, shall not revert to the unrestricted fund balance of the General Fund of the District of Columbia at the end of a fiscal year, or at any other time.
Subject to authorization in an approved budget and fiscal plan, any funds appropriated in the Fund shall be continually available without regard to fiscal year limitation.
Annotations
Source: official District Of Columbia text · Last verified 2026-08-27
Frequently Asked Questions About District Of Columbia § 1-325.341
What does D.C. Code § 1-325.341 cover?
Section 1-325.341 ("BID Parking Abatement Fund") 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 § 1-325.341?
A common citation format is "D.C. Code § 1-325.341" (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 § 1-325.341 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.