BILL · 2025–26 SESSION

SB 5604: Transit-oriented development

Promoting transit-oriented development.

Summary

Establishes a new 20-year Multi-Family Property Tax Exemption (MFTE) Program for projects located within a station area.
Requires a local government to reduce certain impact fees by 50 percent if the project is within a transit-oriented development (TOD) area and claiming the 20-year MFTE Program in a station area.
Makes the sale of real property receiving the 20-year MFTE in a station area subject to a real estate excise tax rate of 1.1 percent of the overall selling price.
Allows a city to establish a retail sale and use tax deferral for the construction of new multifamily housing in a TOD area.

From the Senate Bill Report (SB 5604), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee

AN ACT Relating to promoting transit-oriented development;

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

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

SB 5604 (2023–24) Mental health & housing/tax · Enacted · Chapter 101, Laws of 2023
SB 5604 (2021–22) Contractor licensing refs · Did not pass · stalled on the Senate floor
SB 5604 (2019–20) Uniform guardianship, etc. · Enacted · Chapter 437, Laws of 2019
SB 5604 (2017–18) Medicaid/managed dental care · Did not pass · died in committee
SB 5604 (2015–16) Countywide planning policies · Did not pass · died in committee
SB 5604 (2013–14) Nat. Rifle Assoc. lic plates · Did not pass · died in committee
SB 5604 (2011–12) Clean water jobs · Did not pass · died in committee
SB 5604 (2009–10) Economic stimulus · Did not pass · died in committee