The bill amends RCW 36.70A.367 to extend the deadline for rural counties to designate industrial land banks for economic development purposes. It allows counties that have enacted a sales and use tax for economic development to establish one or more industrial land banks if they did not designate one prior to December 31, 2016. The new deadline for these counties to take action is set for the last date to complete their next periodic review under RCW 36.70A.130(5) before December 31, 2027.

Additionally, the bill modifies the criteria for counties eligible to establish industrial land banks, adjusting population thresholds and other requirements. Specifically, it changes the population figures for certain classifications, such as increasing the threshold for one category from 250,000 to 250,000 and adjusting others accordingly. The bill also emphasizes the need for public notice and a written determination of the criteria used for siting an industrial land bank, ensuring transparency in the process.

Statutes affected:
Original Bill: 36.70A.367