WA People
BILL · 2023–24 SESSION · LATEST VERSION E2SSB 5258

SB 5258: Condos and townhouses

Increasing the supply and affordability of condominium units and townhouses as an option for homeownership.

Summary

  • Adds additional requirements for construction defect actions.
  • Modifies deposit requirements and local government planning related to the construction of condominiums.
  • Exempts certain sales of condominium units and townhouses from the real estate excise tax.
  • Creates the Down Payment Assistance Account and specifies that moneys in the account may only be used for payment toward a person's down payment assistance loan offered by the Washington State Housing Finance Commission
  • Requires, subject to appropriation, all real estate excise tax revenue collected on sales of condominiums or townhouses to a person using a down payment assistance program offered by the Washington State Housing Finance Commission be deposited into the Down Payment Assistance Account.

From the Engrossed Second Substitute Senate Bill Report (E2SSB 5258), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 337, Laws of 2023
  1. IntroducedJan 11, 2023
  2. Out of committeeMar 20, 2023
  3. Passed SenateMar 31, 2023
  4. Passed HouseApr 20, 2023
  5. GovernorMay 8, 2023
  6. LawMay 8, 2023
Prime sponsor
Sharon Shewmake (D-42)
Introduced
January 11, 2023 in the Senate
Last action
May 8, 2023
Session law
Chapter 337, Laws of 2023
Companion bill
HB 1298
Budget
Has a fiscal note
Versions
SB 5258, SSB 5258, E2SSB 5258

AN ACT Relating to increasing the supply and affordability of condominium units and townhouses as an option for homeownership;

Sponsors

Prime sponsor: Sharon Shewmake (D-42)

8 co-sponsors (7 Democrats, 1 Republican)

Chris Gildon R-25Andy Billig D-3Marko Liias D-21John Lovick D-44Joe Nguyen D-34T'wina Nobles D-28Emily Randall D-26Lisa Wellman D-41

Votes

Senate · 3rd Reading & Final Passage

Passed March 31, 2023
Version voted on: E2SSB 5258
48 Yea 0 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat28001
Republican20000
How each member voted

Yea (48)

Excused (1)

Permalink to this vote

House · Final Passage as Amended by the House

Passed April 20, 2023
Version voted on: E2SSB 5258
98 Yea 0 Nay 0 Absent 0 Excused
PartyYeaNayAbsentExcused
Democrat58000
Republican40000
How each member voted

Yea (98)

Permalink to this vote

Senate · Final Passage as Amended by the House

Passed April 21, 2023
Version voted on: E2SSB 5258
49 Yea 0 Nay 0 Absent 0 Excused
PartyYeaNayAbsentExcused
Democrat29000
Republican20000
How each member voted

Yea (49)

Permalink to this vote

History

  1. Effective date 7/23/2023. (E2SSB 5258)
  2. Chapter 337, 2023 Laws. (E2SSB 5258)
  3. Governor signed. (E2SSB 5258)
  4. Delivered to Governor. (E2SSB 5258)
  5. Speaker signed. (E2SSB 5258)
  6. President signed. (E2SSB 5258)
  7. Passed final passage; yeas, 49; nays, 0; absent, 0; excused, 0. (E2SSB 5258)
  8. Senate concurred in House amendments. (E2SSB 5258)
  9. Third reading, passed; yeas, 98; nays, 0; absent, 0; excused, 0. (E2SSB 5258)
  10. Rules suspended. Placed on Third Reading. (E2SSB 5258)
  11. Committee amendment(s) adopted with no other amendments. (E2SSB 5258)
  12. APP - Majority; do pass with amendment(s). (E2SSB 5258)
  13. APP - Executive action taken by committee. (E2SSB 5258)
  14. Referred to Rules 2 Review. (E2SSB 5258)
  15. Rules Committee relieved of further consideration. Placed on second reading. (E2SSB 5258)
  16. First reading, referred to Appropriations. (E2SSB 5258)
  17. Third reading, passed; yeas, 48; nays, 0; absent, 0; excused, 1. (E2SSB 5258)
  18. Rules suspended. Placed on Third Reading. (E2SSB 5258)
  19. Floor amendment(s) adopted. (E2SSB 5258)
  20. 2nd substitute bill substituted. (E2SSB 5258)
  21. 2nd substitute bill substituted. (SSB 5258)
  22. 2nd substitute bill substituted.
  23. Placed on second reading by Rules Committee. (E2SSB 5258)
  24. Placed on second reading by Rules Committee. (SSB 5258)
  25. Placed on second reading by Rules Committee.
  26. Passed to Rules Committee for second reading. (E2SSB 5258)
  27. Passed to Rules Committee for second reading. (SSB 5258)
  28. Passed to Rules Committee for second reading.
  29. Minority; without recommendation. (E2SSB 5258)
  30. WM - Majority; 2nd substitute bill be substituted, do pass. (E2SSB 5258)
  31. WM - Majority; 2nd substitute bill be substituted, do pass. (SSB 5258)
  32. Minority; without recommendation. (SSB 5258)
  33. Minority; without recommendation.
  34. WM - Majority; 2nd substitute bill be substituted, do pass.
  35. Referred to Ways & Means. (SSB 5258)
  36. Referred to Ways & Means.
  37. LAW - Majority; 1st substitute bill be substituted, do pass. (SSB 5258)
  38. And refer to Ways & Means. (SSB 5258)
  39. Minority; without recommendation. (SSB 5258)
  40. Minority; without recommendation.
  41. And refer to Ways & Means.
  42. LAW - Majority; 1st substitute bill be substituted, do pass.
  43. First reading, referred to Law & Justice.

SB 5258 in other sessions

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

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