The bill amends RCW 8.26.035 to increase the reimbursement cap for moving and relocation expenses for individuals affected by agency displacements. It specifies that displaced persons are entitled to actual reasonable expenses for moving, losses of tangible personal property, and expenses for searching for replacement businesses or farms. Notably, the bill raises the cap for reestablishment expenses for displaced farms, nonprofit organizations, or small businesses to $200,000 or the amount allowed under federal law, whichever is greater. Additionally, for state agency displacements until August 1, 2030, the cap is set at $100,000 or the federal amount, whichever is greater.
Furthermore, the bill introduces a provision requiring the lead agency to adjust the specified dollar amounts for inflation annually, starting August 1, 2025, by increasing the previous year's amount by two percent. This adjustment aims to ensure that the reimbursement caps remain relevant and adequate over time. The changes reflect a commitment to support displaced individuals and organizations more effectively in their relocation efforts.
Statutes affected: Original Bill: 8.26.035
Substitute Bill: 8.26.035
Bill as Passed Legislature: 8.26.035
Session Law: 8.26.035