The District Columbia would have more financial security under legislation introduced last week by Rep. Fortney Stark, D-Calif., who is chairman of the House District of Columbia Committee.

Under one of Stark's proposals, the annual federal payment to the district would increase locally generated revenues to 30% over a six-year period from the current 24%. The plan also specifies what count as locally generated revenues.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.