The bill amends RCW 28A.525.166 to update the framework for state funding assistance to school districts for capital projects related to school construction. Key changes include the exclusion of taxes chargeable to the project from the approved cost of the project, while also allowing for the inclusion of state and local option sales and use taxes levied by political subdivisions as part of the funding assistance calculation. This adjustment aims to provide a clearer understanding of the financial support available to school districts, ensuring that the total funding assistance reflects both the project costs and applicable taxes.

Additionally, the bill outlines specific conditions under which additional state funding assistance may be granted, such as emergencies arising from the destruction or condemnation of school buildings, significant increases in school population, or deficiencies in capital funds. It also introduces provisions for school districts facing special housing burdens, particularly those that have received substantial private donations. The bill emphasizes the importance of meeting educational needs and maintaining adequate facilities for students, thereby enhancing the overall support for school construction projects in Washington State.

Statutes affected:
Original Bill: 28A.525.166