Expands the small retailer property tax credit in the District of Columbia.

The Small Retailer Property Tax Credit Expansion Amendment Act of 2025 amends Chapter 18 of Title 47 of the District of Columbia Official Code to increase the maximum credit amount for small retailers. The credit amount will be $10,000 for tax years ending December 31, 2024 and 2025, $20,000 for the tax year ending December 31, 2026, and $20,000 for tax years beginning after December 31, 2026, adjusted annually for the cost of living. This change aims to provide financial relief to small retailers by reducing their property taxes.

Expands the small retailer property tax credit in the District of Columbia.

The Small Retailer Property Tax Credit Expansion Amendment Act of 2025 amends Chapter 18 of Title 47 of the District of Columbia Official Code to increase the maximum credit amount for small retailers. The credit amount will be $10,000 for tax years ending December 31, 2024 and 2025, $20,000 for the tax year ending December 31, 2026, and $20,000 for tax years beginning after December 31, 2026, adjusted annually for the cost of living. This change aims to provide financial relief to small retailers by reducing their property taxes.