BILL · 2013–14 SESSION

SB 5293: Local infrastr. financing

Extending the expiration dates of the local infrastructure financing tool program.

Summary

  • The expiration date of LIFT is extended from June 30, 2039, to June 30, 2049. A local jurisdiction may receive a sales and use tax credit without issuing bonds or beginning public improvement construction for seven, rather than five, years.

From the Senate Bill Report (Orig.) (SB 5293), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 25, 2013
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Annette Cleveland (D-49)
Introduced
January 25, 2013 in the Senate
Last action
January 13, 2014
Companion bill
HB 1306
Budget
Has a fiscal note

AN ACT Relating to extending the expiration dates of the local infrastructure financing tool program;

Sponsors

Votes

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

History

  1. By resolution, reintroduced and retained in present status.
  2. By resolution, reintroduced and retained in present status.
  3. First reading, referred to Ways & Means.

SB 5293 in other sessions

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

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