Federal Triangle Development Act Amendments of 1990

[AI summary unavailable — showing source text] Federal Triangle Development Act Amendments of 1990 - Amends the Federal Triangle Development Act to exempt from any State and local sales taxation any materials, supplies, equipment, and goods connected with the development of the Federal Triangle property. Declares that no transfer or lease made pursuant to this Act, or an instrument executed in connection with financing development of such property shall be subject to State or local real or personal property tax, recordation tax, transfer tax, or special assessment. Applies State and local sales, use, and similar tax laws to any nonprofit entity established for the exclusive purpose of operating, maintaining, and managing the international cultural and trade center as though it were the International Cultural and Trade Center Commission, with respect to materials, supplies, equipment, goods, labor, or services. States that no lease or sublease of space by the Commission or a nonprofit entity pursuant to this Act shall be subject to State or local real or personal property tax, recordation tax, transfer tax, or special assessment. Grants the Pennsylvania Avenue Development Corporation authority to obtain financing for the develop…