Bill: HB 2046 — 2017
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)
|Capital Planning & Develop||Committee Report, Do Pass||2017-02-15|