Official Text and Analysis.

Modifies the fee on manufactured home transactions so that the fee is 0.25 percent of the sale price of the manufactured home, but in no case less than $100 or greater than $500.

Makes the real estate excise tax exemption for qualified sales of manufactured/mobile home communities subject to an automatic 10-year expiration and to review by the Joint Legislative Audit and Review Committee.

Adds provisions from the Housing Stability and Affordability committee striker on E2SHB 1033 relating to changes to the Relocation Assistance Program for displaced tenants after a mobile home park closure. Specifically, the provisions: (1) Authorize manufactured/mobile home park tenants seeking relocation assistance from the Mobile and Manufactured Home Relocation Assistance Program (Relocation Assistance Program) to receive other funding for relocation purposes without reducing their eligibility for relocation assistance funds. (2) Require that a manufactured/mobile home park tenant's combined relocation assistance from the Relocation Assistance Program and other sources not exceed the tenant's actual relocation expenses. Code Rev/AI:lel 15 S-3838.3/19 3rd draft (3) Authorize qualifying manufactured/mobile home park tenants to use Relocation Assistance Program funds to secure housing that is not a manufactured home. (4) Require the Department of Commerce to distribute, for each eligible tenant, up to 40 percent of the total financial assistance as cash assistance to help the tenant secure new housing and the remainder as reimbursement for costs associated with relocation. (5) Clarify that cash assistance provided under the Relocation Assistance Program is considered a one-time direct grant payment and is excluded from household income calculations to determine eligibility of the recipient to receive benefits from any other state-funded assistance programs. (6) Rename the mobile home park relocation fund as the manufactured/mobile home park relocation fund.