BILL · 2017–18 SESSION

HB 2048: Disaster area financing

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

Summary

  • Allows local governments to use local sales and use tax increment financing to pay for public improvements within areas affected by natural disasters.
  • 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) for public improvements within areas affected by natural disasters.

From the House Bill Analysis 2017 (HB 2048), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedFeb 9, 2017
  2. Out of committeestopped here
  3. Passed House
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
Mike Steele (R-12)
Introduced
February 9, 2017 in the House
Last action
January 8, 2018
Budget
Has a fiscal note

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

Sponsors

Prime sponsor: Mike Steele (R-12)

2 co-sponsors (1 Democrat, 1 Republican)

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 Community Development, Housing & Tribal Affairs (Not Officially read and referred until adoption of Introduction report).

HB 2048 in other sessions

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

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