BILL · 2011–12 SESSION · LATEST VERSION EHB 2145

HB 2145: Public facil. dist. defaults

Creating a limited plan of finance upon a default of indebtedness issued by distressed public facilities districts.

Summary

  • Authorizes the state to make an immediate $42 million loan to a public facilities district (PFD) that has defaulted on a debt before December 31, 2011.
  • Authorizes a PFD receiving a state loan, as well as any cities and counties forming the PFD , to impose an additional 0.2 percent sales and use tax with voter approval.
  • Allows the State Treasurer to divert various local sales and use taxes imposed by a PFD receiving a state loan, as well as any cities or counties forming the PFD, until the state loan is repaid in full.

From the Engrossed House Bill Report (EHB 2145), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · passed House, stalled in Senate
  1. IntroducedDec 2, 2011
  2. Out of committeeDec 5, 2011
  3. Passed HouseDec 5, 2011
  4. Passed Senatestopped here
  5. Governor
  6. Law
Prime sponsor
Mike Armstrong (R-12)
Introduced
December 2, 2011 in the House
Last action
April 11, 2012
Requested by
State agency
Budget
Has a fiscal note

AN ACT Relating to a limited plan of finance upon a default of indebtedness issued by distressed public facilities districts;

Sponsors

Prime sponsor: Mike Armstrong (R-12)

2 co-sponsors (1 Democrat, 1 Republican)

Votes

House · Final Passage

Passed December 5, 2011
Version voted on: EHB 2145
56 Yea 33 Nay 1 Absent 7 Excused
PartyYeaNayAbsentExcused
Democrat40915
Republican162402
How each member voted

Yea (56)

Absent (1)

History

  1. By resolution, reintroduced and retained in present status. (EHB 2145)
  2. By resolution, reintroduced and retained in present status. (EHB 2145)
  3. By resolution, reintroduced and retained in present status. (EHB 2145)
  4. By resolution, returned to House Rules Committee for third reading. (EHB 2145)
  5. Referred to Rules. (EHB 2145)
  6. First reading, referred to Ways & Means. (EHB 2145)
  7. Third reading, passed; yeas, 56; nays, 33; absent, 1; excused, 7. (EHB 2145)
  8. Rules suspended. Placed on Third Reading. (EHB 2145)
  9. Floor amendment(s) adopted. (EHB 2145)
  10. Placed on second reading. (EHB 2145)
  11. Committee relieved of further consideration. (EHB 2145)
  12. Minority; do not pass. (EHB 2145)
  13. WAYS - Majority; do pass. (EHB 2145)
  14. WAYS - Executive action taken by committee. (EHB 2145)
  15. First reading, referred to Ways & Means. (EHB 2145)

HB 2145 in other sessions

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

Report wrong or missing information on this page