District of ColumbiaTemporary act sends fiscal 2027 sports fees to ballpark fund after ballpark bond payoff
While this emergency act lasts, D.C. puts fiscal 2027 sports fees in a ballpark fund after full repayment of the original ballpark bonds, then uses up to $49,505,000 for debt and required reserves.
What it does
While this emergency act lasts, D.C. puts fiscal 2027 sports fees in a ballpark fund after the original ballpark bonds are fully paid. Up to $49,505,000 goes to ballpark borrowing, RFK campus debt, and required RFK reserves; the rest goes to the general fund.
Argument forAfter ballpark bond payoff, the temporary use of fiscal 2027 sports fees could help D.C. pay ballpark borrowing and RFK campus debt and maintain required reserves.
Argument againstWhile the act lasts, using up to $49,505,000 in fiscal 2027 sports fees for debt and reserves after ballpark bond payoff could leave less for D.C.'s general fund.
More detail
While the emergency act lasts, D.C. deposits fiscal 2027 sports fees in a ballpark fund. This applies only after D.C. has paid all principal and interest on the original ballpark bonds. Up to $49,505,000 pays debt on borrowing used to pay off ballpark bonds early, RFK campus infrastructure bonds, and required RFK financing reserves. Any remaining fees go to D.C.'s general fund. The act applies as of October 1, 2026, and lasts no more than 90 days after taking effect following mayoral approval.
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Where it stands
- Introduced
- Passed 1st Chamber
- Passed 2nd Chamber
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Oct 23Act A26-0419 Published in DC Register Vol 73 and Page 013447, Expires on Jan 06, 2027Latest
- Oct 13Returned from Mayor
- Oct 8Signed by the Mayor and Enacted with Act Number A26-0419, Expires on Jan 06, 2027Became Law
- Sep 24Transmitted to Mayor, Response Due on Oct 08, 2026To Governor
- Sep 22Final ReadingMinor
- Vote recorded Final Reading. Result: pass.Legislature
- Sep 22Retained by the Council
- Sep 21B26-0778 Introduced by Chairman Mendelson at Office of the SecretaryIntroduced
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