ENROLLED ORIGINAL
AN ACT
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IN THE COUNCIL OF THE DISTRICT OF COLUMBIA
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To amend, on a temporary basis, the Walter Reed Development Omnibus Act of 2016 to provide
that revenues received from the Developer as Initial Consideration Payments under the
Walter Reed Land and Disposition Agreement shall, after October 1, 2023, be deposited
into the Walter Reed Reinvestment Fund and issued as a grant to the Developer to pay or
reimburse certain costs of job creation and economic development of or related to the
Walter Reed Redevelopment Site.
BE IT ENACTED BY THE COUNCIL OF THE DISTRICT OF COLUMBIA, That this
act may be cited as the “Walter Reed Development Assistance Temporary Amendment Act of
2023”.
Sec. 2. Section 6 of the Walter Reed Development Omnibus Act of 2016, effective May
18, 2016 (D.C. Law 21-119; D.C. Official Code § 2-1227.05), is amended by adding a new
subsection (b-1) to read as follows:
“(b-1) Notwithstanding subsection (b)(2) of this section and section 1094 of the Grant
Administration Act of 2013, effective December 24, 2013 (D.C. Law 20-61; D.C. Official Code
§ 1-328.13), funds received from the Developer after October 1, 2023, as an installment of Initial
Consideration Payment under the Walter Reed Land and Disposition Agreement shall be
deposited into the Fund and issued as a grant to the Developer to pay or reimburse costs it has
incurred or will incur for the purposes set forth in subsection (c)(1) of this section.”.
Sec. 3. Applicability.
This act shall apply as of August 2, 2023.
Sec. 4. Fiscal impact statement.
The Council adopts the fiscal impact statement of the Budget Director as the fiscal impact
statement required by section 4a of the General Legislative Procedures Act of 1975, approved
October 16, 2006 (120 Stat. 2038; D.C. Official Code § 1-301.47a).
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ENROLLED ORIGINAL
Sec. 5. Effective date.
(a) This act shall take effect following approval by the Mayor (or in the event of veto by
the Mayor, action by the Council to override the veto), a 30-day period of congressional review
as provided in section 602(c)(1) of the District of Columbia Home Rule Act, approved December
24, 1973 (87 Stat. 813; D.C. Official Code § 1-206.02(c)(1)), and publication in the District of
Columbia Register.
(b) This act shall expire after 225 days of its having taken effect.
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Chairman
Council of the District of Columbia
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Mayor
District of Columbia
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