Establishes a new Class 1C property tax classification for residential real property in the District of Columbia.
The Pied-à-Terre Property Tax Amendment Act of 2026 amends the District of Columbia Official Code to establish a new Class 1C real property tax classification for certain residential properties. This new classification applies to residential real property with no more than two dwelling units, used for nontransient residential purposes, and for which a homestead deduction is not claimed. The act sets tax rates for Class 1C properties and includes provisions for annual adjustments based on the cost-of-living.
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