BillTracker

Creating a local infrastructure investment program to support the development of affordable housing, workforce housing, and revitalization efforts. (Steele, Springer, Barkis)

Authorizes a participating local jurisdiction, that builds approved local infrastructure to support the development of affordable housing or workforce housing or revitalization efforts within a revitalization district, to receive a remittance that is the equivalent of a 4.37 percent sales or use tax on the construction of the local infrastructure.

Requires the city or county to notify the department of revenue that a local infrastructure investment program has been established.

Hearing Date: Wednesday, February 15, 2017 -- 8:00 am

WA State Legislature Link:
http://app.leg.wa.gov/billsummary?BillNumber=2046&Year=2017    (opens a new browser tab)