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2019 House Bill 1219: Providing cities and counties authority to use real estate excise taxes to support affordable housing and homelessness projects
Introduced by Rep. Amy Walen (Kirkland) (D) on January 17, 2019
Referred to the House Housing, Community Development & Veterans Committee on January 17, 2019
Referred to the House Rules Committee on February 15, 2019
Amendment offered by Rep. Amy Walen (Kirkland) (D) on March 5, 2019
Allows a county or city to fund affordable housing and homelessness projects with real estate excise tax (REET II) revenue until January 1, 2026, so long as it documents funds for certain capital projects in its capital facilities plan. Limits the annual amount of REET II revenue a county or city may use for affordable housing and homelessness projects to the greater of one hundred thousand dollars or twenty-five percent of available funds, but not to exceed one million dollars, unless the county or city used REET II revenue to provide housing for the homeless prior to June 30, 2019.
The amendment passed by voice vote in the House on March 5, 2019
Received in the Senate on March 8, 2019
Referred to the Senate Housing Stability & Affordability Committee on March 8, 2019
Referred to the Senate Rules Committee on March 26, 2019
Amendment offered by Sen. Phil Fortunato (Auburn) (R) on April 10, 2019
Requires a city or county using REET 2 funds for acquiring, rehabilitating, or constructing affordable housing to waive impact fees.
The amendment failed by voice vote in the Senate on April 10, 2019
Signed with partial veto by Gov. Jay Inslee on April 19, 2019