The bill amends several sections of Washington state law regarding public facilities districts, specifically RCW 82.14.390, 82.14.485, and 36.100.130. Key changes include an increase in the maximum duration for which a tax can be collected from 40 years to 65 years after the tax is first collected. Additionally, the bill allows public facilities districts to impose a sales and use tax, with specific conditions based on the district's population and the timing of construction projects. The governing bodies of these districts can also increase the tax rate under certain circumstances, and the tax collected must be matched with funds from other public or private sources.
Furthermore, the bill increases the compensation for members of the board of directors of public facilities districts from $50 to $100 per day for attending meetings or conferences, with an annual cap raised from $3,000 to $6,000. This adjustment aims to better compensate board members for their service while ensuring that the funds collected through the imposed taxes are used appropriately for the development and improvement of regional centers.
Statutes affected: Original Bill: 82.14.390, 82.14.0485, 36.100.130