WA People
BILL · 2015–16 SESSION

HB 2551: Disaster area financing

Concerning state-shared taxes for the purpose of designated disaster area financing.

Summary

  • Allows a local government that has been affected by a qualifying disaster to create a designated disaster area within its boundaries, and to use designated disaster area financing to finance public improvement projects that will spur or draw private development.
  • Requires the Department of Commerce to implement the reporting and other administrative requirements for a designated disaster area financing program.
  • Authorizes a state contribution in the form of a state-shared sales and use tax, up to $500,000 annually per project ($5 million statewide), which participating local governments must match through local public funding sources.

From the House Bill Analysis 2016 (HB 2551), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 14, 2016
  2. Out of committeestopped here
  3. Passed House
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
Cary Condotta (R-12)
Introduced
January 14, 2016 in the House
Last action
March 10, 2016
Budget
Has a fiscal note

AN ACT Relating to state-shared taxes for the purpose of designated disaster area financing;

Sponsors

Prime sponsor: Cary Condotta (R-12)

1 co-sponsor (0 Democrats, 1 Republican)

Senator R-12

Votes

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

History

  1. By resolution, reintroduced and retained in present status.
  2. Referred to Finance.
  3. Committee relieved of further consideration.
  4. First reading, referred to Local Government (Not Officially read and referred until adoption of Introduction report).

HB 2551 in other sessions

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

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