H-1015.1
HOUSE BILL 1581
State of Washington | 66th Legislature | 2019 Regular Session |
ByRepresentatives Fey, Riccelli, Wylie, Doglio, Jinkins, and Ormsby
Read first time 01/24/19.Referred to Committee on Housing, Community Development & Veterans.
AN ACT Relating to funding local housing trust fund programs in certain cities; adding a new section to chapter
82.14 RCW; and creating a new section.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:
NEW SECTION. Sec. 1. The legislature finds that there is a housing affordability crisis that requires multiple urgent and creative responses. The legislature finds that certain cities have established local housing trust funds to respond to the crisis; however, to be successful local housing trust funds need dedicated sources of funding to provide greater and more reliable resources to preserve and build new housing. The legislature therefore creates the construction sales and use tax remittance for certain eligible cities.
NEW SECTION. Sec. 2. A new section is added to chapter
82.14 RCW to read as follows:
(1) A city legislative authority with a population of at least two hundred thousand in a county with a population of less than one million five hundred thousand may impose a sales and use tax on the sale of or charge made for tangible personal property consumed or labor and services rendered in respect to the constructing, repairing, decorating, or improving of new or existing buildings or other structures under, upon, or above real property of or for consumers, including the installing or attaching of any article of tangible personal property, whether or not such personal property becomes a part of the realty by virtue of installation, and also includes the sale of services or charges made for the clearing of land and the moving of earth excepting the mere leveling of land used in commercial farming or agriculture.
(2)
(4) The tax may only include the sale of or charge made for tangible personal property consumed or labor and services rendered in respect to the constructing, repairing, decorating, or improving of new or existing buildings or other structures under, upon, or above real property of or for consumers, including the installing or attaching of any article of tangible personal property, whether or not such personal property becomes a part of the realty by virtue of installation, and also includes the sale of services or charges made for the clearing of land and the moving of earth excepting the mere leveling of land used in commercial farming or agriculture.
(b) Matching funds for social services directly related to providing housing for special needs tenants in assisted projects;
(c) Technical assistance, design and finance services and consultation, and administrative costs for eligible nonprofit community or neighborhood-based organizations;
(d) Administrative costs for housing assistance groups or organizations when such grant or loan will substantially increase the recipient's access to housing funds other than those available under this chapter;
(e) Shelters and related services for the homeless, including emergency shelters and overnight youth shelters;
(f) Mortgage subsidies, including temporary rental and mortgage payment subsidies to prevent homelessness;
(g) Mortgage insurance guarantee or payments for eligible projects;
(h) Down payment or closing cost assistance for eligible first-time home buyers;
(j) Projects making housing more accessible to families with members who have disabilities; and
(k) Remodeling and improvements as required to meet building code, licensing requirements, or legal operations to residential properties owned and operated by an entity eligible under RCW
43.185A.040, which were transferred as described in RCW
82.45.010(3)(t) by the parent of a child with developmental disabilities.
(9) The tax imposed by a city under this section expires twenty years after the date on which the tax is first imposed.
--- END ---