WA People
BILL · 2017–18 SESSION

HB 1051: Infrastructure financing

Concerning financing essential public infrastructure.

Summary

  • Increases the Public Works Board membership, requires numeric ranking of project applications, revises consideration factors, and adds requirements related to determining loan interest rates.
  • Appropriates $50 million from the Public Works Assistance Account for public works projects in rural counties.
  • Establishes a Public Works Financing Assistance program administered by the Public Works Board, contingent on a constitutional amendment.
  • Authorizes the Public Works Board to make loans for certain local government capital projects from the proceeds of state-issued bonds, and makes the debt service payable by the local government borrowers.

From the House Bill Analysis 2017 (HB 1051), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 9, 2017
  2. Out of committeestopped here
  3. Passed House
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
Richard DeBolt (R-20)
Introduced
January 9, 2017 in the House
Last action
January 8, 2018
Budget
Makes appropriations · Has a fiscal note

AN ACT Relating to financing essential public infrastructure;

Sponsors

Prime sponsor: Richard DeBolt (R-20)

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. By resolution, reintroduced and retained in present status.
  4. By resolution, reintroduced and retained in present status.
  5. First reading, referred to Capital Budget (Not Officially read and referred until adoption of Introduction report).
  6. Prefiled for introduction.

HB 1051 in other sessions

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

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