BILL · 2005–06 SESSION · LATEST VERSION SHB 2196

HB 2196: Local real estate excise tax

Authorizing an expansion of local real estate excise taxes in lieu of impact fees.

Summary

  • Authorizes a real estate excise tax (REET) of 0.4 percent for cities and counties to use for certain capital purposes in lieu of imposing and using certain impact fees.
  • Authorizes a REET of 0.25 percent for school districts to use for certain school facility capital purposes in lieu of receiving impact fees.
  • Preempts the imposition and use of impact fees for: certain purposes, if the 0.4 percent REET is imposed; and purposes relating to school facilities if the 0.25 percent REET is imposed.
  • Exempts the sale of certain properties from the REETs.
  • Provides that, if a new REET is imposed, an impact fee may not be re-imposed earlier than eight years after the tax is effective.

From the House Bill Report (HB 2196), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedFeb 22, 2005
  2. Out of committeeMar 7, 2005
  3. Passed Housestopped here
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
Judy Clibborn (D-41)
Introduced
February 22, 2005 in the House
Last action
January 9, 2006
Budget
Has a fiscal note
Versions
HB 2196, SHB 2196

AN ACT Relating to authorizing an expansion of the local option real estate excise tax to fund capital projects in lieu of impact fees;

Sponsors

Prime sponsor: Judy Clibborn (D-41)

1 co-sponsor (1 Democrat, 0 Republicans)

Votes

No recorded floor votes. This measure never reached a floor vote.

History

  1. By resolution, reintroduced and retained in present status. (SHB 2196)
  2. Rules Committee relieved of further consideration. (SHB 2196)
  3. Referred to Finance. (SHB 2196)
  4. Referred to Finance.
  5. Rules Committee relieved of further consideration.
  6. By resolution, reintroduced and retained in present status.
  7. Referred to Rules 2 Consideration. (SHB 2196)
  8. Referred to Rules 2 Consideration.
  9. Placed on second reading by Rules Committee. (SHB 2196)
  10. Placed on second reading by Rules Committee.
  11. Passed to Rules Committee for second reading. (SHB 2196)
  12. FIN - Majority; 1st substitute bill be substituted, do pass. (SHB 2196)
  13. Minority; do not pass. (SHB 2196)
  14. Minority; do not pass.
  15. FIN - Majority; 1st substitute bill be substituted, do pass.
  16. Passed to Rules Committee for second reading.
  17. First reading, referred to Finance.

HB 2196 in other sessions

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

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