Business and Economic Development

Council of the District of Columbia COMMITTEE ON BUSINESS AND ECONOMIC DEVELOPMENT AGENDA AND WITNESS LIST 1350 Pennsylvania Avenue, N.W., Washington, D.C. 20004 COUNCILMEMBER KENYAN R. MCDUFFIE, CHAIRPERSON COMMITTEE ON BUSINESS AND ECONOMIC DEVELOPMENT ANNOUNCES A PUBLIC HEARING ON B26-426, “HOLDING COMPANY SYSTEM AMENDMENT ACT OF 2025” B26-396, “TRANSFER AND RECORDATION TAX APPEALS AMENDMENT ACT OF 2025” B26-221, “MU LAMBDA FOUNDATION, INC. REAL PROPERTY TAX EXEMPTION ACT OF 2025” B26-125, “2607 CONNECTICUT AVENUE NW TIMELINE EXTENSION AND TAX FORGIVENESS ACT OF 2025” B26-237, “4111 KANSAS AVENUE NW TIMELINE EXTENSION AND TAX FORGIVENESS ACT OF 2025” Wednesday, November 19, 2025, at 9:30 a.m. Room 500 and via Zoom Video Conference Broadcast Streamed live at https://www.youtube.com/channel/UCbFwXXcbCuQk3- zlwqe97mA/streams and www.dccouncil.gov/hearings AGENDA AND WITNESS LIST I. CALL TO ORDER II. OPENING REMARKS III. WITNESS TESTIMONY A. Bill 26-426, the “Holding Company System Amendment Act of 2025” Public Witnesses No public witnesses. Government Witness 1. Philip Barlow, Associate Commissioner, Insurance, Department of Insurance, Securities and Banking 1 B. Bill 26-396, the “Transfer and Recordation Tax Appeals Amendment Act of 2025” Public Witnesses (in person, virtual) 1. Liz DeBarros, Chief Executive Officer, DC District of Columbia Building Industry Association 2. Rebecca Ballard, Co-Founder and Head of Partnerships and Impact, Rooted Communities 3. Hillary Nash, Chair, Public Policy Committee, DC Association of REALTORS 4. Claudia Roca, Member, Public Policy Committee, DC Association of REALTORS 5. Dean Hunter, Chief Executive Officer, Small Multifamily Owners Association Government Witness 1. Nina Albert, Deputy Mayor for Planning and Economic Development, Office of the Deputy Mayor for Planning and Economic Development 2. Robert McKeon, Deputy Chief Counsel, Office of Tax and Revenue, Office of the Chief Financial Officer C. Bill 26-221, “Mu Lambda Foundation, Inc. Real Property Tax Exemption Act of 2025” Public Witnesses (in person) 1. John Wilson, President, Mu Lambda Foundation, Inc. 2. LeRoy Lowery, Public Witness 3. Salim Adofo, Commissioner and Chair, ANC 8C Government Witness 1. Rick Liu, Senior Policy Analyst, Economic Development Finance, Office of the Chief Financial Officer D. B26-125, “2607 Connecticut Avenue NW Timeline Extension and Tax Forgiveness Act of 2025” E. B26-237, “4111 Kansas Avenue NW Timeline Extension and Tax Forgiveness Act of 2025” Public Witnesses (in person) 1. Betty Gentle, Senior Director, Advocacy & Public Policy, SOME, Inc. 2. Amoni Woodby, Senior Housing Developer Project Manager, SOME, Inc. Government Witness 1. Rick Liu, Senior Policy Analyst, Economic Development Finance, Office of the Chief Financial Officer 2