SSB 5664 -
By Senator Cleveland
NOT CONSIDERED
On page 3, line 8, after "(c)" insert "The department of commerce
must establish and maintain a fund accessible by counties, cities,
towns, and school districts to seek reimbursement for unpaid impact
fees that were deferred under (a) of this subsection (3). To be
eligible to receive funds, a county, city, town, or school district
must submit: The lot or unit's parcel number, address, or other
identifying information; the identity of the current property owner; a
copy of the covenant or other agreement by which the impact fee was
deferred; and a certification that the deferred impact fees remain
unpaid.
(d)"
Renumber the remaining subsections consecutively and correct any internal references accordingly.
EFFECT: Provides a system for ensuring that local governments receive funding for necessary infrastructure needed to support new development.