BILL · 2001–02 SESSION · LATEST VERSION SSB 5720

SB 5720: Community revitalization

Promoting community revitalization.

Summary

  • $ Authorizes a new system of property tax increment financing where increment areas may be created by a county, city, or town within which a portion of the receipts from regular property tax levies are diverted away from local governments imposing the property taxes and distributed to the sponsoring county, city, or town to finance facilities and programs within the increment area.

From the Substitute House Bill Analysis (SSB 5720), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · passed Senate, stalled in House
  1. IntroducedJan 31, 2001
  2. Out of committeeMar 5, 2001
  3. Passed SenateMar 12, 2001
  4. Passed Housestopped here
  5. Governor
  6. Law
Prime sponsor
Don Carlson (R-49)
Introduced
January 31, 2001 in the Senate
Last action
February 28, 2002
Companion bill
HB 1418
Budget
Has a fiscal note
Versions
SB 5720, SSB 5720

AN ACT Relating to community revitalization financing;

Sponsors

Votes

Senate · 3rd Reading & Final Passage

Passed March 12, 2001
Version voted on: SB 5720
46 Yea 2 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat25000
Republican21201
How each member voted

History

  1. Senate Rules "X" file. (SSB 5720)
  2. Made eligible to be placed on third reading. (SSB 5720)
  3. By resolution, reintroduced and retained in present status. (SSB 5720)
  4. By resolution, reintroduced and retained in present status. (SSB 5720)
  5. By resolution, returned to Senate Rules Committee for third reading. (SSB 5720)
  6. First reading, referred to Trade & Economic Development. (SSB 5720)
  7. Third reading, passed; yeas, 46; nays, 2; absent, 0; excused, 1. (SSB 5720)
  8. Rules suspended. Placed on Third Reading. (SSB 5720)
  9. 1st substitute bill substituted. (SSB 5720)
  10. 1st substitute bill substituted.
  11. Placed on second reading by Rules Committee. (SSB 5720)
  12. Placed on second reading by Rules Committee.
  13. Made eligible to be placed on second reading. (SSB 5720)
  14. Made eligible to be placed on second reading.
  15. ET - Majority; 1st substitute bill be substituted, do pass. (SSB 5720)
  16. Passed to Rules Committee for second reading. (SSB 5720)
  17. Passed to Rules Committee for second reading.
  18. ET - Majority; 1st substitute bill be substituted, do pass.
  19. First reading, referred to Economic Development & Telecommunications.

SB 5720 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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