SUBTITLE A. PERSONAL PROPERTY TAX
Sec. 7001. Short title.
This subtitle may be cited as the "Personal Property Tax Amendment Act of 2020".
Sec. 7002. Title 47 of the District of Columbia Official Code is amended as follows:
(a)Section 47-1508(a) is amended by adding a new paragraph#
(a) Section 47-1508(a) is amended by adding a new paragraph (13) to read as follows:
" (13) (A) Computer software, unless:
" (i) The software is incorporated as a permanent component of a computer, machine, piece of equipment, or device, or of real property, and the software is not commonly available separately; or
" (ii) The cost of the software is included as part of the cost of a computer, machine, piece of equipment, or device, or of the cost of real property on the books or records of the taxpayer.
" (B) This paragraph shall not be construed to affect the value of a machine, device, piece of equipment, or computer, or the value of real property, or to affect the taxable status of any other property subject to tax under this title .".
(b)Section 47-1521 is amended as follows:#
(b) Section 47-1521 is amended as follows:
(1) Paragraph (1) is redesignated as paragraph (1A).
(2) A new paragraph (1) is added to read as follows:
" (1) "Computer software" means a set of statements or instructions that when incorporated in a machine-usable medium is capable of causing a machine or device having information processing capabilities to indicate, perform, or achieve a particular function, task, or result.".
(3) Paragraph (4) is amended by striking the phrase "goods and chattels" and inserting the phrase "goods and chattels, including computer software," in its place.
Sec. 7003. Applicability.
This subtitle shall apply as of July 1, 2021.