BILL · 2007–08 SESSION
SB 5630: Community & economic dev
Clarifying how cities, towns, counties, public corporations, and port districts may participate in the federal new markets tax credit program.
Summary
- Cities, towns, counties, public corporations, and port districts are authorized to create partnerships and limited liability companies, and enter into public or private agreements, to implement the federal New Markets Tax Credit Program.
From the Senate Bill Report (SB 5630), written by the Legislature's nonpartisan staff. Read the full report ↗
Did not pass Did not pass · stalled on the Senate floor
- IntroducedJan 26, 2007
- Out of committeeFeb 15, 2007
- Passed Senatestopped here
- Passed House
- Governor
- Law
- Prime sponsor
- Jim Kastama (D-25)
- Introduced
- January 26, 2007 in the Senate
- Last action
- January 14, 2008
- Companion bill
- HB 1430
- Budget
- Has a fiscal note
AN ACT Relating to financing community and economic development;
Sponsors
Prime sponsor: Jim Kastama (D-25)
4 co-sponsors (4 Democrats, 0 Republicans)
Votes
No recorded floor votes.
History
- By resolution, reintroduced and retained in present status.
- Senate Rules "X" file.
- EDTM - Majority; do pass.
- Passed to Rules Committee for second reading.
- First reading, referred to Economic Development, Trade & Management.
SB 5630 in other sessions
Bill numbers restart every two years, so the same number is a different bill in each session.
- SB 5630 (2025–26) Farm fuel users
- SB 5630 (2023–24) Residential services rate
- SB 5630 (2021–22) Early learning/basic ed.
- SB 5630 (2019–20) GMA hearings/composition
- SB 5630 (2017–18) High-technology research tax
- SB 5630 (2015–16) Equal pay and opportunities
- SB 5630 (2013–14) Adult family home quality
- SB 5630 (2011–12) Municipal court judges