United Negro College Fund Real Property Tax Abatement Extension Amendment Act of 2023

This bill extends a real property tax abatement for the United Negro College Fund in Washington, D.C., allowing the organization to avoid paying taxes on its property for ten years starting October 1, 2024. The legislation updates the specific tax exemption amount to $515,000 for the 2025 tax year and removes previous conditions that have since expired. By amending the District's official code, the act ensures the nonprofit continues to receive financial relief on its property taxes without altering its operational status.