Declaration of purpose

It is the intent of Congress to revise the real property tax in the District of Columbia to achieve the following objectives: (1) Equitable sharing of the financial burden of the government of the District of Columbia; (2) Full public information regarding assessments and appeal procedures; (3) Promotion of economic activity, diversity of land use, and preservation of the character of the District of Columbia; (4) Assurance that shifts in the tax burden on individual taxpayers will not be excessive; and (5) Comparability of tax effort between the District of Columbia and surrounding jurisdictions in the metropolitan area and cities of comparable size.