This bill amends RCW 82.02.050 to enhance the framework for the collection and use of school impact fees by counties, cities, and towns in Washington. It establishes a system for the deferred collection of impact fees for single-family residential construction, allowing applicants to request deferrals until certain milestones, such as final inspection or the first sale of the property. The bill also mandates that counties, cities, and towns must adopt a deferral system by September 1, 2016, and outlines the conditions under which impact fees can be deferred, including the requirement for a deferred impact fee lien against the property. Additionally, it introduces provisions for the modernization of school facilities to comply with safety and efficiency standards if the 10-year timeline for expending impact fees is nearing completion.

Furthermore, the bill allows school districts under specific financial conditions to utilize up to 25% of collected impact fees for operational and maintenance purposes, contingent upon approval from a special administrator. It repeals RCW 82.02.110, which previously governed the extension of school impact fees, and establishes an expiration date for the new provisions set for January 1, 2036. The bill aims to ensure that impact fees are used effectively to support public facilities while providing flexibility for school districts facing financial oversight.

Statutes affected:
Original bill: 82.02.050, 82.02.110
Substitute bill: 82.02.050, 82.02.110