The bill amends RCW 82.02.050 to enhance the framework for impact fees imposed by counties, cities, and towns on new development activities. It emphasizes the need for adequate facilities to support growth and establishes a system for the deferred collection of impact fees specifically for single-family residential construction. The new provisions require applicants to execute a promissory note for the full value of the impact fees, which must be recorded with the county auditor. The payment terms for these fees can occur at various stages, including the issuance of a certificate of occupancy or at the time of the first sale of the property. Additionally, if the fees are not paid within specified timeframes, interest and penalties will be applied.

The bill also clarifies that impact fees can only be imposed for system improvements that are reasonably related to new development and must not exceed a proportionate share of the costs. It mandates that impact fees be used for public facilities as defined in RCW 82.02.090 and requires that counties, cities, or towns maintain a comprehensive capital facilities plan to justify the collection and expenditure of these fees. Furthermore, the bill introduces a new section stating that impact fees will be assessed based on the ordinances in effect at the time a complete project permit application is submitted.

Statutes affected:
Original Bill: 82.02.050