Fiscal Year 2026 Budget Support Act of 2025

This bill (B 26-0265) is a proposed budget document submitted by Mayor Bowser to the DC Council as part of the Fiscal Year 2026 "Grow DC" budget plan. It addresses a projected $1 billion revenue shortfall from federal job losses by proposing targeted spending adjustments and new investments to grow the economy and maintain city services. Key provisions include $171 million for Capital One Arena improvements, $24 million for a tech startup fund, tax reductions for businesses (like lowering the Universal Paid Leave tax), and $30 million for police hiring. The budget aims to support DC residents and businesses through economic growth initiatives while "rightsizing" spending amid financial challenges. This is a funding proposal, not a legislative act, and forms part of a larger budget package submitted to the Council.