The New Economy Transformation Act of 2000 (NET 2000) became law on April 4, 2001. DC Law 13-256 provides tax incentives for qualified high technology companies located in the District of Columbia. These incentives are effective as of January 1, 2001.

For a summary of the law, select from the following:

• NET 2000 Technology Incentives Summary
• Business Eligibility
• Workforce Development Credits
• Affordable Facilities
• Targeted Financial Incentives

Depending on where a company is located, the incentives provided by NET 2000 can be combined with the federal Enterprise Zone incentives. To view the High Tech Development Zones and the Enterprise Zones, use the DC Economic Development Map.

The full text of the legislation and applicable regulations should be consulted to determine eligibility, restrictions, and further information on specific provisions. See the following:

• DC Law 13-256
• Tax Regulations and Tax Forms
• Regulations for Affordable Facilities Provisions