The bill amends RCW 84.33.081 to ensure that school districts that have recently experienced levy failures can still receive timber tax distributions. Specifically, it introduces provisions that allow for the use of the highest capital project levy rate imposed by a school district in the two preceding calendar years if the district does not impose an excess levy for a capital project fund in the current year. Similarly, for enrichment levies, if a school district does not impose one in the current year, the highest rate from the previous two years will be used for calculations. These changes aim to provide financial stability to school districts facing funding challenges.
Additionally, the bill declares an emergency, stating that it is necessary for the immediate preservation of public peace, health, or safety, and for the support of state government and its existing public institutions, which allows the act to take effect immediately. This urgency underscores the importance of maintaining funding for school districts during times of financial difficulty.
Statutes affected: Original bill: 84.33.081