BILL · 2009–10 SESSION
HB 2850: Local conserv area financing
Concerning local conservation area financing.
Summary
- Authorizes qualifying cities to designate local conservation finance areas within their boundaries and finance public improvements through a local conservation area financing process.
- Authorizes qualifying cities to issue bonds and use certain tax revenues that increase within the local conservation finance areas to finance the public improvements.
- Prescribes a process for a qualifying city to apply to the Department of Revenue for a state contribution in the form of a sales and use tax credit for financing the public improvements.
- Sets a state contribution limit of $5 million per year statewide and a limit of $500,000 per project.
- Establishes requirements pertaining to transfer of development rights programs for jurisdictions that elect to participate in a local conservation area financing process.
- Establishes numerous administrative, procedural, and reporting requirements.
From the House Bill Analysis 2010 (HB 2850), written by the Legislature's nonpartisan staff. Read the full report ↗
Did not pass Did not pass · died in committee
- IntroducedJan 15, 2010
- Out of committeestopped here
- Passed House
- Passed Senate
- Governor
- Law
- Prime sponsor
- Scott White (D-46)
- Introduced
- January 15, 2010 in the House
- Last action
- March 15, 2010
- Companion bill
- SB 6602
- Budget
- Has a fiscal note
AN ACT Relating to local conservation area financing;
Sponsors
Prime sponsor: Scott White (D-46)
19 co-sponsors (19 Democrats, 0 Republicans)
Ross Hunter D-48Pat Sullivan D-47Geoff Simpson D-47Hans Dunshee D-44Sharon Nelson D-34Dave Upthegrove D-33Senator D-36Larry Springer D-45Deb Eddy D-48Phyllis Gutierrez Kenney D-46Eileen Cody D-34Ruth Kagi D-32Mark Miloscia D-30Marko Liias D-21Tina Orwall D-33Mary Helen Roberts D-21Maralyn Chase D-32Deb Wallace D-17Dawn Morrell D-25
Votes
No recorded floor votes. This measure never reached a floor vote.
History
- By resolution, reintroduced and retained in present status.
- First reading, referred to Local Government & Housing.
HB 2850 in other sessions
Bill numbers restart every two years, so the same number is a different bill in each session.
- HB 2850 (2019–20) Archaeological sites
- HB 2850 (2017–18) Robbery/marijuana
- HB 2850 (2015–16) Incarceration/cont. of care
- HB 2850 (2007–08) Puget Sound research
- HB 2850 (2005–06) Open space program
- HB 2850 (2003–04) Health profession credential
- HB 2850 (2001–02) City trans authority
- HB 2850 (1999–00) Linen & uniform supply