This bill amends existing laws regarding public facilities districts in Washington State, specifically RCW 82.14.390 and RCW 82.14.485. It allows certain public facilities districts to impose a sales and use tax under specific conditions, including those created before certain dates and those that have commenced construction of regional centers by specified deadlines. The bill increases the maximum duration for which the tax can be collected from 40 years to 65 years after the tax is first collected, and it also stipulates that the tax must be matched with an amount from other public or private sources equal to 33% of the amount collected.

Additionally, the bill modifies the tax rates that can be imposed by public facilities districts, allowing for a higher tax rate under certain conditions. It clarifies that the tax imposed must be deducted from the total tax required to be collected and that the Department of Revenue will collect these taxes at no cost to the districts. The bill also specifies that if both types of public facilities districts impose a tax, the tax from one must be credited against the other. Overall, the amendments aim to provide more flexibility and funding opportunities for public facilities districts while ensuring that the tax collection process is streamlined.

Statutes affected:
Original Bill: 82.14.390, 82.14.0485