BILL · 2007–08 SESSION

SB 5005: Public works loan limit

Increasing nonconstruction loan limits for projects using financing through the public works board.

Summary

  • Finds that it is in the state's best fiscal interest to ensure that community infrastructure projects are ready to proceed when applying for and receiving public works board approved construction loans. Many jurisdictions use portions of their construction loans to pay for nonconstruction activities, such as planning and preconstruction, to get ready for construction.

From the Bill Digest (SB 5005), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 8, 2007
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Dale Brandland (R-42)
Introduced
January 8, 2007 in the Senate
Last action
January 14, 2008
Requested by
State agency
Companion bill
HB 1068
Budget
Has a fiscal note

AN ACT Relating to increasing the nonconstruction loan limit for projects using financing through the public works board;

Sponsors

Prime sponsor: Dale Brandland (R-42)

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.
  2. First reading, referred to Ways & Means.
  3. Prefiled for introduction.

SB 5005 in other sessions

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

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