
From the U.S. Code Online via GPO Access
[wais.access.gpo.gov]
[Laws in effect as of January 23, 2000]
[Document not affected by Public Laws enacted between
  January 23, 2000 and December 4, 2001]
[CITE: 40USC879]

 
             TITLE 40--PUBLIC BUILDINGS, PROPERTY, AND WORKS
 
   CHAPTER 19--CAPITOL AND WHITE HOUSE-PENNSYLVANIA AVENUE DEVELOPMENT
 
Sec. 879. Tax exemption; payments to District of Columbia 
        government
        
    (a) Since the exercise of the powers granted by this chapter will be 
in all respects for the benefit of the people, the Corporation is hereby 
declared to be devoted to an essential public and governmental function 
and purpose and shall be exempt from all taxes and special assessments 
of every kind of the United States and of the District of Columbia.
    (b) To the end that the District of Columbia may not suffer undue 
loss of tax revenue by reason of the provisions of subsection (a) of 
this section, the Corporation, in connection with any real property 
acquired and owned by the Corporation in carrying out the provisions of 
this chapter shall pay to the District of Columbia government an amount 
equal to the amount of the real property tax which would have been 
payable to the District of Columbia government beginning on the date of 
acquisition of such real property by the Corporation if legal title to 
such property had been held by a private citizen on such date and during 
all periods to which such date relates.

(Pub. L. 92-578, Sec. 10, Oct. 27, 1972, 86 Stat. 1273.)
