ENGROSSED SUBSTITUTE HOUSE BILL 1510
State of Washington 68th Legislature 2023 Regular Session
By House Finance (originally sponsored by Representatives Santos,
Chopp, Fitzgibbon, and Pollet)
READ FIRST TIME 02/23/23.
1 AN ACT Relating to establishing permanent funding for community
2 preservation and development authorities approved through RCW
3 43.167.060; adding a new section to chapter 82.08 RCW; adding a new
4 section to chapter 82.12 RCW; adding new sections to chapter 43.167
5 RCW; and providing an expiration date.
6 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:
7 NEW SECTION. Sec. 1. A new section is added to chapter 82.08
8 RCW to read as follows:
9 (1) Beginning January 1, 2025, 30 percent of the revenue of the
10 tax imposed on each retail sale occurring at a qualified facility
11 pursuant to this chapter must be deposited into the community
12 preservation and development authority account under RCW 43.167.040.
13 The revenue shall be deposited equally between the operating
14 subaccount and the capital subaccount.
15 (2)(a) By November 1st and by May 1st of each year, the
16 department must calculate the amount of sales and use tax collected
17 as the result of retail sales at a qualified facility during the
18 previous six months. The department must determine the appropriate
19 amount to be deposited into the community preservation and
20 development authority accounts based on the provisions of subsection
21 (1) of this section.
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1 (b) The department must notify the state treasurer of the amount
2 of revenue required to be transferred to the community preservation
3 and development authority account by December 1st and by June 1st
4 each year. The treasurer must deposit those funds into the community
5 preservation and development authority account under RCW 43.167.040
6 by December 31st and June 30th each year.
7 (3) "Qualified facility" is a facility located in a county with a
8 community preservation and development authority that: (a) Has a
9 seating capacity of at least 68,000 fixed seats in an open-air
10 stadium and has related event space of at least 300,000 square feet;
11 or (b) has a seating capacity of at least 47,000 seats for its main
12 use and a retractable roof.
13 NEW SECTION. Sec. 2. A new section is added to chapter 82.12
14 RCW to read as follows:
15 The provisions of section 1 of this act apply throughout this
16 chapter.
17 NEW SECTION. Sec. 3. A new section is added to chapter 43.167
18 RCW to read as follows:
19 (1) It is the legislature's specific public policy objective to
20 provide funding pursuant to section 1 of this act to the community
21 preservation and development authorities, as created in this chapter,
22 to promote and enhance the health, safety, and economic well-being of
23 communities adversely impacted by the construction of, or on-going
24 operation of, multiple major public facilities, public works, and
25 capital projects. It is the intent of the legislature for the joint
26 legislative audit and review committee to conduct a review of the
27 funding and provide its findings to the legislature by December 1,
28 2033.
29 (2) The legislature intends to extend the expiration date of this
30 funding if the review finds that the community preservation and
31 development authority:
32 (a) Increases the economic vitality of the area by providing
33 assistance to struggling small businesses in the area and assisting
34 in the repair of unreinforced masonry that allows businesses to
35 remain in place, increases the safety of residents, and promotes the
36 conversion of unused and underutilized properties to benefit the
37 community;
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1 (b) Enhances the livability of the community by assisting in
2 addressing the litter and debris in streets and alleys and provide
3 remediation to address the impacts of homelessness; and
4 (c) Addresses housing needs, including funding new low-income and
5 workforce housing units, as well as funding locally based street
6 outreach to support interventions for unhoused residents.
7 (3) In order to obtain the data necessary to perform the review
8 in subsection (2) of this section, the joint legislative audit and
9 review committee may refer to any data collected by the state.
10 NEW SECTION. Sec. 4. A new section is added to chapter 43.167
11 RCW to read as follows:
12 Any community preservation and development authority organized
13 pursuant to this chapter must submit a biennial report to the
14 appropriate committees of the legislature on their strategic plan,
15 use of funding, and impacts on the community by November 1st of each
16 odd-numbered year.
17 NEW SECTION. Sec. 5. This act expires January 1, 2036.
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