Business & Economic Development Public Hearing

Council of the District of Columbia COMMITTEE ON BUSINESS AND ECONOMIC DEVELOPMENT Notice of Public Hearing 1 3 5 0 P e n n s y l v a n i a A v e n u e , N . W. , Wa s h i n g t o n , D . C . 2 0 0 0 4 COUNCILMEMBER KENYAN R. McDUFFIE, CHAIRPERSON Committee on Business and Economic Development Announce a Public Hearing on B23-0404, "Deputy Mayor for Planning and Economic Development Limited Grant Making Authority for Check IT Enterprises Amendment Act of 2019"; B23-0439, "Longtime Resident Business Preservation Amendment Act OF 2019" B23-0438, "Small and Local Business Assistance Amendment Act OF 2019"; AND B23-0432, "PROTECTING Local Area Commercial Enterprises Amendment Act of 2019" Wednesday, November 6, 2019,10:00 a.m. Room 120, John A. Wilson Building 1350 Pennsylvania Avenue, N.W. Washington, D.C. 20004 On Wednesday, November 6,2019, Councilmember Kenyan R. McDuffie, Chairperson of the Committee on Business and Economic Development will hold a public hearing to consider the following bills: B23-0404, the "Deputy Mayor for Planning and Economic Development Limited Grant Making Authority for Check IT Enterprises Amendment Act of 2019," B23-0438, the "Small and Local Business Assistance Amendment Act of 2019," B23-0439, the "Longtime Resident Business Preservation Amendment Act of 2019," and B23-0432, the "Protecting Local Area Commercial Enterprises Amendment Act of 2019." The stated purpose of B23-0404 is to amend the Deputy Mayor for Planning and Economic Development Limited Grant-Making Authority Act of 2012 to provide the department authority to issue a grant to Check IT Enterprises, to enable acquisition of a facility in historic Anacostia, which will serve as an educational and resource center for at-risk youth. The stated purpose of B23-0438 is to provide qualified small and local businesses with a tax credit for a portion of rent or property taxes paid and to reduce the taxable value of commercial property if it is rented or owned by a qualifying small and local business. The stated purpose of B23-0439, the "Longtime Resident Business Preservation Amendment Act of 2019," is to create a Longtime Resident Business Preservation Program to provide grants and low-interest loans for longtime resident businesses at risk of displacement. Lastly, the stated purpose of B23-0432 is to establish the Legacy Business Program within the Department of Small and Local Business Development in order to provide longtime District-based businesses with technical and financial assistance and to provide property owners with financial incentives to enter into or renew affordable leases with legacy business owners. The Committee invites the public to testify or to submit written testimony. Anyone wishing to testify at the hearing should contact the Committee on Business and Economic Development via email at bmcclure@dccouncil.us or at (202) 727-3888, and provide their name, telephone number, organizational affiliation, and title (if any), by close of business Monday. November 4"*. Representatives of organizations will be allowed a maximum of five minutes for oral testimony, and individuals will be allowed a maximum of three minutes. Witnesses are encouraged to bring five single-sided copies of their written testimony and, if possible, also submit a copy of their testimony electronically in advance to bmcclure@dccouncil.us. For witnesses who are unable to testify at the hearing, written statements will be made part of the official record. Copies of written statements should be submitted to the Committee on Business and Economic Development at bmcclure@dccounci 1.us or to Nyasha Smith, Secretary to the Council, 1350 Pennsylvania Avenue, N.W., Suite 5, Washington, D.C. 20004. The record will close at the end of the business day on W e d n e s d a y. N o v e m b e r 1 3 . 2 0 1 9 . 2