2015 House Bill 2122: Concerning real estate as it concerns the local government authority in the use of real estate excise tax revenues and regulating real estate transactions

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Public Act 10 of 2015

Introduced by Rep. Joan McBride (Kirkland) (D) on February 16, 2015

For Bill Information, please click HERE. Official Text and Analysis.

Referred to the House Local Government Committee on February 16, 2015

Referred to the House Rules Committee on March 13, 2015

Amendment offered by Rep. Joan McBride (Kirkland) (D) on June 11, 2015

Modifies the criteria that cities and counties mustmeet in order to use a portion (i.e., the greater of $100,000 or 25percent of available funds, not to exceed $1,000,000 per year) ofrevenue collected from real estate excise taxes (REET I) for themaintenance of "capital projects," as that term is defined in thestatute authorizing REET I..

The amendment passed by voice vote in the House on June 11, 2015

Passed 86 to 3 in the House on June 11, 2015.
See Who Voted "Yes" and Who Voted "No".

Received in the Senate on June 15, 2015

Passed 40 to 4 in the Senate on June 25, 2015.
See Who Voted "Yes" and Who Voted "No".

Signed by Gov. Jay Inslee on July 9, 2015